Affiliation:
1. Academy of Economic Studies, Bucharest, Romania
Abstract
The issue of absorption of European structural and investment funds is a significant concern at the member state level, with European funds being the main instrument for reducing regional disparities at the EU level. The present article addresses the situation of the absorption of the European structural and investment funds related to the programming period 2014 to 2020, at the level of Romania, this being the second programming period that it manages. Providing a budget does not guarantee the proper or efficient use of these financial resources. In this article, we carry out a detailed analysis of the situation of the absorption of the European structural and investment funds for the programming period 2014 - 2020 to identify the main characteristics and risks specific to the absorption process.