THE IMPACT OF EUROPEAN ECONOMIC RECOVERY PLAN IN ROMANIA
THE IMPACT OF EUROPEAN ECONOMIC RECOVERY PLAN IN ROMANIA

Summary/Abstract: The global economic crisis that became visible around the middle of 2009 was a major challenge for the European Union and required a rapid response to counter the impacts on the whole economy. With total financial resources of €347 billion for the 2007-2013 period, European cohesion policy provides robust support for budgetary stability and public investment in the Member States and EU regions in times of heavy budgetary constraints. We intended to find out which were theoretically the concordant priorities and which the real impact of Cohesion Policy implementation, in the Member States, and in particular in Romania.

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