The Role And Importance Of State Aid Schemes In Financing The National Economy

The financing of the national economy is supported by multiple financing mechanisms and instruments such as financing through the issuance of government securities, financing through European funds and with the contribution of the national budget through the capital market, etc. and last but not least through state aid schemes under the direct supervision of the Competition Council and in compliance with the directives of the European Commission. State aid schemes are national and European funding instruments for the economy, regulated by law, and whose implementation mechanism is presented in governmental programs administered at governmental decision-making level. Moreover, these sources of funding (state aid schemes) are also given in the current context of globalization of financial markets and the emergence of new integrated financial technologies at national and international level (“fintech” digital financial technologies and integrated financial services). The emergence of new financial instruments at national and global level has a direct impact on the sustainability of finances.