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Revista Tinerilor Economiºti (The Young Economists Journal)

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<strong>Revista</strong> <strong>Tinerilor</strong> Economişti (<strong>The</strong> <strong>Young</strong> <strong>Economists</strong> <strong>Journal</strong>)<br />

This is expected to increase the operability of both the MA and the applicants, which<br />

will lead to a more efficient absorption process. <strong>The</strong> total number of contracts<br />

concluded with beneficiaries, 31.01.2010, 2263 is compared with the existing 2224<br />

31.12.2009. In this case, it appears relatively insignificant progress, considering that<br />

their number increased by approximately 0.18%. This is mainly due to the fact that the<br />

applicants have submitted projects to an extent far greater than in January for the year<br />

2010 than they did in December of 2009. Also the total value of projects already<br />

contracted various developments recorded separately on each operational program. For<br />

example, the highest values were recorded for projects submitted by the ROP, SOP,<br />

SOP, SOP and SOP, with amounts ranging from 2.994.999.517 6.401.741.904 lei and<br />

lei, and for the other OPs total value of contracted projects was much lower, if the OP<br />

were contracted projects amounting to 182,543,080 lei and the OP Technical<br />

Assistance, the contracts amounted to 144,880,156 lei, significantly reduced amounts<br />

compared with other OPs. Data presented are for the year at Jan. 2010.<br />

Analysing and the payments made to beneficiaries, we also notice that there are<br />

discrepancies, quite significant in this case, between the operational programs. <strong>The</strong> total<br />

payments made to 31.01.2010 were between 3,017,437 and 904,846,991 lei,<br />

accumulating a total of 2,666,266,850 lei, which covers all operational programs. <strong>The</strong><br />

highest amount paid to beneficiaries was settled by the ROP, followed by SOP and<br />

SOP, the reduced amounts paid were recorded for OP Technical Assistance. As<br />

amended and updated regulations, which were mentioned above, in the hopes that the<br />

process concerns payments made to beneficiaries, to produce an improved and more<br />

efficient to ensure the implementation of as many successful projects. Romania has<br />

absorbed from December 2008 until mid-March 2009 structural funds worth about 400<br />

million, the amount absorbed far as amounting to approximately 1.5 billion, about 10%<br />

of structural funds, according to A report published by the Authority for the<br />

coordination of structural instruments in January for the year 2010. In this case, given<br />

the very low percentage of registered fund-raising to date in order to improve the<br />

process of absorption of structural funds, the state took a series of measures such as prefinancing<br />

increased from 15% to 20% and settlement VAT for each invoice submitted<br />

by the companies.<br />

5. Conclusions<br />

In conclusion, we can say that based on analysis completed, the absorption of<br />

structural funds allocations to achieve in a limited extent and with some gaps in terms<br />

of legislation, as well as ensuring their effective management. But at the same time,<br />

there is a positive development resulting from the increasing number of projects have<br />

already started to be implemented and those that have been approved for the year<br />

comparing January 2010 to December 2009 for the year. Prospects in this regard are<br />

some favorable because it is trying to increase as greater absorption, especially in the<br />

context of global economic crisis that has sharply reduced the opportunities for easy<br />

access to various financing arrangements.<br />

REFERENCES<br />

1. * * * Orientările strategice comunitare pentru coeziune, Consiliul European,<br />

Brussels, 2006<br />

2. * * * Regulamentul Parlamentului şi Consiliului European cu privire la Fondul<br />

European pentru Dezvoltare Regională, Bruxelles, 2006<br />

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