Difficulties For Romania in the Process of Implementation of the Regional Operational Programs. Case Study: South-East Regional Development

Abstract

EU funds are treated as a unique opportunity for new Member States to accelerate the process of catching up with EU standards of living. Unfortunately, Romania cannot boast with notable performances in the absorption of EU funds. According to the latest data provided by the Authority for Structural Instruments (ACIS) at the end of the semester the absorption reached nearly 9% in relation to the allocation for 2007-2010. This analysis aims at identifying the difficulties faced by beneficiaries in the implementation of regional operational programs at the level of the regions of development and setting priorities to overcome them.