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Structural Funds In Romania

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  • ROMAN LIGIA

    (Babes- Bolyai University of Cluj- Napoca)

Abstract

My abstract is about the structural funds in Romania, how Romania has to spend them. Following accession in 2007, Romania is eligible for more than EUR 29.5 billion of the EU's structural and cohesion funds. However, open questions remain about the Romanian administration's capacity to make use of these huge amounts of money. Three objectives are set, at European level, for the 2007- 2013 programming period: 1. Convergence; 2. Regional competitiveness and employment; 3. Territorial cooperation. The entire Romanian territory is eligible for the Convergence objective and benefits from financing from the European Social Fund (ESF), from the European Regional Development Fund (ERDF) and from the Cohesion Fund (CF) and for the Territorial cooperation objective, for which it received financing from the European Regional Development Fund. Following the Romania’s accession to the EU, it shall receive, in the period 2007 – 2013, community funds amounting to approximately EUR 29.5 billions, of which EUR 17.317 billions are structural and cohesion funds and EUR 12.183 billions are agricultural and rural development funds. Romania’s contribution to the European Union budget, within the said period, shall be of approximately EUR 8.1 billions. A debate is emerging on whether the country's government and companies will be able to conduct the necessary projects and make use of the funds available from the EU

Suggested Citation

  • Roman Ligia, "undated". "Structural Funds In Romania," Description: Managerial Challenges of the Contemporary Society 33, Faculty of Economics and Business Administration, Babes-Bolyai University.
    • Handle: RePEc:bbu:wpaper:33
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    File URL: http://conference.ubbcluj.ro/mccs/RePEc/bbu/wpaper/179-182.pdf
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    References listed on IDEAS

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    1. Arjan M. Lejour & Richard Nahuis, 2004. "EU Accession and the Catching Up of the Central and East European Countries," International Economic Association Series, in: Alan V. Deardorff (ed.), The Past, Present and Future of the European Union, chapter 7, pages 137-158, Palgrave Macmillan.
    2. John Bachtler & Carlos Mendez, 2007. "Who Governs EU Cohesion Policy? Deconstructing the Reforms of the Structural Funds," Journal of Common Market Studies, Wiley Blackwell, vol. 45(3), pages 535-564, September.
    3. John Bachtler & Carlos Mendez, 2007. "Who Governs EU Cohesion Policy? Deconstructing the Reforms of the Structural Funds," Journal of Common Market Studies, Wiley Blackwell, vol. 45, pages 535-564, September.
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    Cited by:

    1. Cristinel Ichim, 2016. "Place And Role Of The Structural Funds In The Local Budget Revenues," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 294-299, June.

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