Finanţe: Provocările viitorului (Nov 2022)
European Structural and Investment Funds vs European Funds Allocated through the National Recovery and Resilience Program
Abstract
At the moment, taking into account the crisis in which the states of the European Union and not only are, their main concern is the identification of funding sources in order to implement regional development strategies, respectively in order to consolidate their economies and counteracting the negative effects produced by the crisis caused by the COVID-19 pandemic and the war in Ukraine. Referring to Romania, taking into account its status as a member state of the European Union, in order to develop and mitigate the negative effects produced by the previously mentioned crisis, we can appreciate that the Romanian state will have to take full advantage, in the immediate period, of the opportunity offered by two efficient, effective and at the same time economical sources of financing, compared to the classic sources of financing, which are made available by the European Union, respectively: the European structural and investment funds allocated through the cohesion policies related to the two financial years: 2014-2020, respectively 2021-2027 but also by the funds allocated through the PNRR. For this reason, the research in this endeavor aims to highlight by comparison the two sources of financing that Romania will necessarily have to take advantage of in order to consolidate and develop its economy.