Questioning EU Regional Cohesion Policy in Romania

The main objective of this paper is to analyse the territorial impact of the European Cohesion Policy in Romania. Since the inception of this policy and the first programming period (1989 - 1993) the key problem: ‘to reduce the disparities between the levels of development of the different regions’ has usually been measured in terms of GDP per head (relative to the EU average). In the future, will be recommended, that GDP per head in PPS being complement with other measures of welfare and standards of living. The cohesion policy in the current financial crisis is concentrated in investing in priority infrastructure, productive capacities of businesses and in human capital potential, in this way it could play an important role in restoring confidence in real economy.