Although the EU is the richest region in the world, however, there are significant disparities between its Member States on the GDP / inhabitant, the labour productivity and the employment. To reduce these disparities, all the Member States have taken measures in the joint regional development...

Although the EU is the richest region in the world, however, there are significant disparities between its Member States on the GDP / inhabitant, the labour productivity and the employment. To reduce these disparities, all the Member States have taken measures in the joint regional development...

Following accession in 2007, Romania is eligible for more than 19 billion euro of the EU’s structural and cohesion funds. However, open questions remain about the Romanian administration’s capacity to make use of these huge amounts of money. Romania should focus on the absorption of European...