European Funds: Their Impact on Romania’s Financial Stability

Oana Maria Stepan () and Dumitru Beldiman ()
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Oana Maria Stepan: University of Craiova, Romania
Dumitru Beldiman: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2016, vol. 16, issue 1, 265-274

Abstract: The specialty literature doesn’t offer a clear definition which is generally accepted for „the financial stability of a state”. Generally, by „the financial stability of a state” one understands that „situation where the financial system of a state can attract and efficiently place money funds and in the same time faces future crisis, without jeopardizing the real economy of that state”. Thus, starting form the above explanation about the financial stability of a state, the authors intended, by means of this article, to conceive an analysis regarding Romania’s financial stability and the impact that European funds have on the country, respectivelly the impact of structural and investment funds on the financial stability.

Keywords: European funds; financial stability; structural funds; investment funds; European financing (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2016
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