ASPECTS OF THE EU FINANCIAL INSTRUMENTS MANAGEMENT IN ROMANIA FOR 2007-2013
ASPECTS OF THE EU FINANCIAL INSTRUMENTS MANAGEMENT IN ROMANIA FOR 2007-2013
Author(s): Ana-Maria Popescu (Stîngaciu)Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: management; financial instruments; structural funds; absorption; cross-border cooperation
Summary/Abstract: The objectives and the instruments of the Cohesion Policy are designed to support programmes on regional development, economic growth, enhanced competitiveness and territorial cooperation throughout the European Union, to develop human resources and employability. The general objective of the paper is to highlight the important role of the financial instruments in reducing the financial crisis and the global imbalance. The paper presents the major financial instruments of the Cohesion Policy for Romania between 2007 and 2013 and aspects of the management of these funds. The article also presents the absorption level of some of EU financial instruments to a certain period of time and measures needed to be taken in order to avoid the automatic decommitment of funds allocated to Romania for the period 2007-2013.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 21/2011
- Issue No: 1
- Page Range: 153-160
- Page Count: 8
- Language: English
