Using EU funds in Central and Eastern Europe – Romania’s position

Authors

  • Angelica-Mariana Bud Faculty of Economics and Business Administration, Babes-Bolyai University, Cluj-Napoca, Romania

DOI:

https://doi.org/10.29015/cerem.119

Keywords:

European projects, countries comparisons, absorptive capacity, developing countries

Abstract

Nowadays, structural and cohesion funds represent an important financial aid given by the European Union to its member States in order to reduce the disparities that exists between regions. These European funds can be contracted during a period of seven years.  It is important for every state to use in a proper manner these funds and to achieve a higher absorption rate that can lead to reaching the wanted cohesion. This research is going to analyze the situation of EU funds from a quantitative perspective, to reveal the progress recorded in Central and Eastern Europe during 2007-2013 period, based on annual report published by KPMG. Ten countries are going to be presented and compared. Moreover, this paper is useful for those who are interested in Romania’s position between the states from this region in terms of using these structural instruments.

References

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Published

2015-09-14

Issue

Vol. 15 No. 4 (2015)

Section

Articles

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