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Assessing the Impact of European Funds Absorption in Romania in the Context of Financial Stability

Author

Listed:
  • Oana Oprisan

    ("Ovidius" University of Constanta, Faculty of Economic Sciences, Romania)

  • Ana-Maria Dumitrache (Serbanescu)

    (The Buchаrest University of Economic Studies, Romania)

Abstract

The impact of the absorption of European funds in Romania, in the context of financial stability, is a complex subject, approached with the aim of balancing the associated benefits and risks. Absorption of funds contributes to economic growth, infrastructure development and job creation, supporting the private sector and innovation. However, administrative difficulties and the need to comply with EU rules pose risks. Transparent and efficient management is essential to prevent corruption. Overall, absorption of EU funds can strengthen national budgets and reduce regional disparities. It is crucial that Romania adapts to European requirements and manages funds responsibly to maximize the positive impact on the country's financial stability. The overall objective is to analyze the impact of these funds on economic growth, infrastructure, and the reduction of regional disparities. The aim of the research is to assess how the absorption of European funds influences financial stability in the context of compliance with EU standards and to propose directions for efficient and transparent management.

Suggested Citation

  • Oana Oprisan & Ana-Maria Dumitrache (Serbanescu), 2023. "Assessing the Impact of European Funds Absorption in Romania in the Context of Financial Stability," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 826-832, December.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:2:p:826-832
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    More about this item

    Keywords

    investments; sustainable finance; European funds;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G4 - Financial Economics - - Behavioral Finance

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