COHESION FUNDING MEMBER STATES OF THE EUROPEAN UNION THROUGH STRUCTURAL INSTRUMENTS. ANALYSIS OF THE DEGREE OF ABSORPTION OF FUNDS IN THE OPERATIONAL PROGRAMMES IN ROMANIA

Access and absorption of structural funds is the biggest challenge for public administration for business and nongovernmental sector. European integration itself depends on the optimization and efficient absorption of substantial funds for Romania. The main obstacles faced by new EU members, among which is found and Romania, are reflected in reduced ability to efficiently use the allocated funds, the lack of experience in developing large scale projects to European standards, lack of transparency in the organization auctions, and the low level of understanding of the methods by which to access European funding. This article aims to conduct an analysis of absorption of funds under the Operational Programmes in Romania.