The European Union political economy reflected through the associations and foundations activity
The European Union political economy reflected through the associations and foundations activity

Summary/Abstract: The concern for the control and management of money received by the Romanian state through the European programs aimed at developing the civil society was mostly noticedafter 1993. In 1994, the EU delegation head Karen Fog came up with the idea of establishing a foundation to manage money for NGOs. Under these circumstances, in 1994 was founded the Foundation for the Developing of the Civil Society (FDSC) which represented an important step in developing this area. The nonprofit sector development was possible due to the legal regulation that allows every employee to donate 2% of income tax to NGOs. In Romania, this was possible startingwith 2006, as part of the European Union`s influence with respect to the social economy concept. Once Romania joined the European Union its influence was felt through the Sectoral Operational Program "Human Resources Development” 2007-2013 which allocatedmoney for this sector. The developing of the social economy model in the E.U., but also in Romania has determined both at a European and local level to promote this type of social affairs, social entrepreneurial and the microfinance of this type of sector. The fulfilment of these objectives is pursued by the European Council and the European Parliament for the period 2014-2020. A legitimate question would be what Social Economy is in fact?

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