Accessing the European funds for agriculture and rural development in Romania for the 2014-2020 period

Dinu Mihai (), Pătărlăgeanu Simona Roxana (), Chiripuci Bogdan () and Constantin Marius ()
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Dinu Mihai: Bucharest University of Economic Studies, Bucharest, Romania
Pătărlăgeanu Simona Roxana: Bucharest University of Economic Studies, Bucharest, Romania
Chiripuci Bogdan: Bucharest University of Economic Studies, Romania
Constantin Marius: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2020, vol. 14, issue 1, 717-727

Abstract: This paper aims at identifying the extent to which Romania has accessed European funds for agriculture and rural development in the 2014-2020 period. During this financing period, Romania has received more than 8.12 billion euros from the European Union budget, more precisely from the Agricultural Fund for Rural Development (EAFDR), through the National Rural Development Programme (NRDP). Five percent of the available amount was allocated to the Leader approach at local level and at least 30% was allotted for environmental protection measures. This paper will analyze the number of projects which were submitted, selected and contracted and the payments made until 2019. Subsequently, an analysis will be carried out of the NRDP sub-measures in order to prove the usefulness and necessity of this type of structural programme. The rate of absorbtion of European funds will be closely correlated with indicators such as the evolution of the GDP / inhabitant, the population and the number of enterprises in rural areas, the employed population and the number of enterprises in agriculture, forestry and fisheries, the development of villages through the construction or modernization of roads, sewage infrastructure, water and gas. To conclude, the positive and negative aspects regarding the implementation of European funds will be listed, especially in the fields of agriculture and rural development in Romania.

Keywords: European funds; agriculture; rural development; Romania (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:14:y:2020:i:1:p:717-727:n:68

DOI: 10.2478/picbe-2020-0068

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