Last modified: 2025-06-07
Abstract
European funds are an essential tool for boosting the business environment in Romania, contributing significantly to job creation and stimulating sustainable economic development.
The objective of the European Union, through Community subsidies, is to reduce the existing economic disparities between European regions, the emphasis being placed on economic harmonization that can generate a correct ratio, in terms of quantity and quality, in the production of goods and services.
The European Union is a global market in which fair competition between its regions triggers a performance that leads to major benefits for European citizens, from innovations to compliance with environmental requirements, from price stability and economic well-being to civic action and the eradication of modern diseases.
The present research begins with a bibliometric analysis of the scientific publications indexed in the Web of Science database, continuing with a review of the literature.
The philosophical considerations in the construction of the work were aimed, from an epistemological point of view, at the quantitative approach, by collecting and processing data from the websites of the National Institute of Statistics, the Ministry of Finance and the Ministry of European Structural and Investment Funds, followed by the empirical analysis of the indicators, the research focusing on an analysis of data series with a focus on the indicators: GDP, EU financial flows, public debt. In parallel, the value of the absorbed European funds, their type as well as the absorption period were analyzed.
European funds are a fundamental mechanism to support the business environment in Romania, facilitating the process of economic capitalization and generating the necessary premises for the creation of sustainable jobs.
Keywords
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