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

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...

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Bibliographic Details
Published in:"Ovidius" University Annals. Economic Sciences Series (Online) 2024-02, Vol.XXIII (2), p.826-832
Main Authors: Oana Oprisan, Ana-Maria Dumitrache (Serbanescu)
Format: Article
Language:English
Subjects:
european funds
investments
sustainable finance
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Summary: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.
ISSN:2393-3127