Search results for "structural instruments"

showing 2 items of 2 documents

Absorption of European Funds by Romania

2014

Abstract The European Union provides financial support to all Member States through structural instruments (Structural Funds) and the Fund for Agriculture. Nationally, each Member State has to set up operational programs (SOP) in accordance with European requirements to access the available money. In the current multiannual financial exercise there are 7 SOP, plus the agriculture program. The absorption level of European funds for the current financial period - 2007-2013 - is low for several reasons: lack of strategic vision for programming development, poor quality of projects, excessive bureaucracy, lack of optimization of financial flows etc. For the upcoming 2014-2020 financial programm…

FinanceStrategic planningGovernmentbusiness.industryGeneral EngineeringEnergy Engineering and Power TechnologyAccountingmultiannual financial yearEuropean projectsthe absorption of European fundsFinancial regulationGeneral partnershipMember stateEconomicsSingle Euro Payments Areamedia_common.cataloged_instanceEuropean unionbusinessstructural instrumentsmedia_commonEuropean debt crisisoperational programsProcedia Economics and Finance
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BETWEEN SUCCESS AND UNSUCCESS IN ABSORBING EU FUNDS - POLAND VS. ROMANIA

2015

Component of the cohesion policy promoted by the European Commission, European grant financing represents an inexpensive and important resource for the social and economic recovery of the member states, offering the prospect for the budgetary sustainability, encouraging public and private investments and thereby reducing the development gaps both at national and international level. In the present study, through the comparative analysis between Romania and Poland in the field of EU funds absorption, we intend to identify the weaknesses and the strengths of each of the two member states, helping to formulate a set of recommendations that our country should follow in order to attract funds re…

absorption capacity contraction rate European funds cohesion policy structural instrumentsRevista Economica
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