European Post-Accession funds for SMEs: Challenges and Realities

Nancu Dumitru ()
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Nancu Dumitru: „Andrei Saguna” University of Constanta, Faculty of Economic Sciences

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 539-540

Abstract: Structural and Cohesion Funds offers Romania a unique opportunity to develop its potential growth and to accelerate the catching-up process. Post-accession EU funds allocated to Romania – if they will be integral used - represents an annual injection of resources of 3-5 percent of GDP in the period between 2007-2015. To understand the magnitude of these numbers, we need to say that the average of public capital expenditure between 2004-2006, including the exceptional growth to 3.7% of the GDP in 2006, was 3 percent of GDP.

Keywords: structural and cohesion funds; cohesion policy; accesing eu funds; absorption of funds (search for similar items in EconPapers)
JEL-codes: F36 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:2:p:539-540

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