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Revista Tinerilor Economiºti (The Young Economists Journal)

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Finances - Accounting<br />

governments.<br />

5. Additionality. Contribution offered by these funds will not replace public or<br />

equivalent structural expenditure by Member States. <strong>The</strong> level of additionality is<br />

determined by macroeconomic conditions in which funding is made, taking into<br />

account specific situations, such as privatization and an exceptional level of public or<br />

equivalent structural expenditure in the Member States.<br />

General Regulation on Structural tools and features to make the main<br />

components of structural instruments management:<br />

National Strategic Reference Framework. Member States must provide the<br />

Commission with a National Strategic Reference Framework (NSRF), which ensures<br />

that Community structural aid is consistent with the Community strategic guidelines<br />

and identify the link between Community priorities, on the one hand, and national and<br />

regional priorities, the Moreover, in order to promote sustainable development. Each<br />

national strategic reference framework shall contain a summary of Member States'<br />

strategy (strategic section) and the mechanism for implementation (operational section).<br />

Section NSRF strategic must: a) thematic and territorial priorities, including<br />

urban regeneration and economic diversification of rural areas dependent on fishing and<br />

b) only for the convergence objective, the proceedings provided for strengthening the<br />

administrative efficiency of the Member States, including management funding and<br />

evaluation plans, c) only for the objective "Regional competitiveness and employment<br />

", the list of regions chosen for regional competition.<br />

Operational section should contain: a) a list of operational programs and the<br />

indicative annual allocation from each fund for each program, ensuring a balance<br />

between regional and thematic activities, b) the mechanism for ensuring coordination<br />

between operational and funding programs, c) the contribution of other instruments and<br />

the coordination of their funds.<br />

Operational programs. Operational programs are documents approved by the<br />

Commission for implementation of those sectoral priorities and / or regional National<br />

Development Plan which are approved for funding through the Community Support<br />

Framework. Each operational program must cover the period 2007-2013, will include<br />

goals and priorities of the NSRF and will cover only one of the three objectives of<br />

cohesion policy. OP should receive funding from a single fund. ERDF and the ESF may<br />

finance specific measures other Fund in the amount of up to 10% of the amount<br />

allocated to each operational program priorities (flexibility clause).<br />

Operational programs that support the goal of "convergence" to be screened at<br />

the appropriate geographical level, at least at the regional level NUTS II.<br />

4. Analyses<br />

Access and absorption of structural funds is the biggest challenge for public<br />

administration for business and nongovernmental sector. European integration itself<br />

depends on the optimization and efficient absorption of substantial funds for Romania<br />

during 2007-2013. Our country will receive in 2007-2013 Structural and Cohesion<br />

Funds amounting to 19.67 billion euros. <strong>The</strong> money will be allocated to basic<br />

infrastructure projects (60% of the total) and economic competitiveness (15%), human<br />

capital (20%) and capacity (5%). National co-financing the same period is estimated at<br />

5.53 billion euros, made up of both public (77% of the total co-financing) and private<br />

sources (23%). According to the information provided by the Ministry of Finance, the<br />

total amount was paid by Romania to the EU budget in 2007 was 3.97 billion lei (1.2<br />

51

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