The European Funds, Risk and Challenge for Managers
The European Funds, Risk and Challenge for Managers

Author(s): Manuela Panaitescu, Mariana Trandafir
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: Management; Economic Development; EU funds
Summary/Abstract: The absorption of EU funds represents for Romania a chance to recovering from the social and economic gaps and to become a competitive state in relation to other Member States of the European Union. The management ability of European funds is closely related to the low rate of their absorption. This has resulted in the risk of de-commitment of unused amounts by Romania at the end of the funding period.

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