Some Accounting Issues and Statistics about Romania and EU Funds - Absorption through Projects and Eligible Expenses

The first part of the article deals with the concise presentation of main European funds, the poor preparation of absorption of these funds in Romania during the period of pre- and post-adherence and a few statistics regarding the rate of absorption placed under the level of 10 % of some funds of over 30 billion euro between 2007 and 2013. The second part presents an accounting analysis of eligible expenses and main accounting problems which led to the blocking of some large sums from EU funds. A few final remarks upon these irremediably lost resources due to Romanian economy are made in a pessimistic way, within the context of a profound recession and of a national project management preponderantly noncompetitive and here and there without responsability.