Impact of EU funds absorption in ensuring macro stability
Journal Title: Revista Romana de Statistica - Year 2016, Vol 64, Issue 9
Abstract
Vienna Initiative aims to ensure that the process of deleveraging to be controlled and successful one, to minimize systemic risks of emerging Europe. Strengthening cooperation between countries of origin and host countries to better assess potential systemic risks that may arise in the host countries was another focal point of discussion is the topic of financial and in continuous development and improvement. One of the objectives of the Vienna Initiative involves keeping by credit institutions in more developed countries of the European Union to levels of financial exposure in emerging European countries. Fulfilling these commitments exposure is, however, expensive in the absence of real investment opportunities in host countries. Better absorption of EU funds by national authorities, and the active involvement of financial institutions – bank selection, pre-financing and co-financing of structural funds could realize business opportunities for credit institutions to facilitate the fulfillment of their commitments exposure and thus allow economic recovery of the host countries.
Authors and Affiliations
Alexandru Manole , Diana Dumitrescu, Daniel Dumitrescu
Keywords
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