THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA

In the contemporary period is cardinal, especially for the European citizens, potential and active economic agents, to be aware of the opportunities offered by the unique partnership called European Union. The allocation of funding to European Union member states and their absorption capacity is a c...

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Main Author: Florentina Moisescu
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2013-12-01
Series:Risk in Contemporary Economy
Subjects:
Online Access:http://www.rce.feaa.ugal.ro/images/stories/RCE2013/papers/MoisescuF.pdf
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author Florentina Moisescu
author_facet Florentina Moisescu
author_sort Florentina Moisescu
collection DOAJ
description In the contemporary period is cardinal, especially for the European citizens, potential and active economic agents, to be aware of the opportunities offered by the unique partnership called European Union. The allocation of funding to European Union member states and their absorption capacity is a current topic of great significance in the context of globalization, so that European cohesion implies the existence of grants and the appearance of inherent controversies. In this way, we considered opportune a comparative study between Romania and the other representative countries. So far, Romania has absorbed only 10% of the total funds provided by the European Union for the financial year 2007-2013. Given the gap with the developed countries of the Community, this percentage is not justified, drawing attention in a negative way towards Romanian state. Thus, this facet of Romania enables us to analyze the issue of low absorption rate of European Union funds. As the next trance of EU funds is coming, scheduled during the years 2014-2020, we intend to illustrate viable, propitious solutions to eradicate vicissitudes for the purpose of building a transparent and competitive environment for accessing grants.
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spelling doaj.art-472ac64d8fd04dc8a7da97a7aa4ddde32022-12-22T01:48:39ZengDunarea de Jos University of GalatiRisk in Contemporary Economy2067-05322067-05322013-12-011157165THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIAFlorentina Moisescu0Dunarea de Jos University of Galati, RomaniaIn the contemporary period is cardinal, especially for the European citizens, potential and active economic agents, to be aware of the opportunities offered by the unique partnership called European Union. The allocation of funding to European Union member states and their absorption capacity is a current topic of great significance in the context of globalization, so that European cohesion implies the existence of grants and the appearance of inherent controversies. In this way, we considered opportune a comparative study between Romania and the other representative countries. So far, Romania has absorbed only 10% of the total funds provided by the European Union for the financial year 2007-2013. Given the gap with the developed countries of the Community, this percentage is not justified, drawing attention in a negative way towards Romanian state. Thus, this facet of Romania enables us to analyze the issue of low absorption rate of European Union funds. As the next trance of EU funds is coming, scheduled during the years 2014-2020, we intend to illustrate viable, propitious solutions to eradicate vicissitudes for the purpose of building a transparent and competitive environment for accessing grants.http://www.rce.feaa.ugal.ro/images/stories/RCE2013/papers/MoisescuF.pdfabsorptiongrantscommunity spacefunding
spellingShingle Florentina Moisescu
THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
Risk in Contemporary Economy
absorption
grants
community space
funding
title THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
title_full THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
title_fullStr THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
title_full_unstemmed THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
title_short THE PECULIARITIES OF THE INCIDENCE OF NON-REFUNDABLE FUNDS IN THE EUROPEAN UNION AND ROMANIA
title_sort peculiarities of the incidence of non refundable funds in the european union and romania
topic absorption
grants
community space
funding
url http://www.rce.feaa.ugal.ro/images/stories/RCE2013/papers/MoisescuF.pdf
work_keys_str_mv AT florentinamoisescu thepeculiaritiesoftheincidenceofnonrefundablefundsintheeuropeanunionandromania
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