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CO-FINANCING ONE OF THE MANY PROBLEMS IN THE PROCESS OF ACCESSING EUROPEAN FUNDS

Keywords: absorption capacity , co-financing , convergence , irredeemable financing , management authorities

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Abstract:

In the current financial crisis access and absorption of structural funds is the biggest challenge for government, for business, farmers and nongovernmental organization sector. European integration itself depends on the optimization and substantial absorption for Romania during 2007-2013. This research work displays diverse aspects concerning the Romania’s ability draw of irredeemable funds in period 2007-2010, focusing on co-financing activity. Today, the problem absorptions are no longer able to develop projects, that knowing a significant improvement. The volume of projects is increasingly greater that, sometimes exceed the funds available. The issue moved to the stage of implementation and funding.

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