The tourism, as main component of national, as well as of the global economy, could not but be affected by the present financial crisis, already seen as an economic one. The effects of the worldwide crisis put their fingerprints on both components of the tourism, the demand as well as the...

Numerous economists believe that structural funds provided by the European Union can be the means by which the economy can recover from the present crisis. Popular belief seems to also support this thesis. However, we consider that only economic reasoning can validate such a conclusion and that...

The European funds do not represent an inward purpose, but instruments in reaching the objectives established at the level of the European Union, of the EU member state, based on the implementation documents. The access to Social and Cohesion Funds offers Romania a possibility to develop the...