Role of banks in in European funds absorptionto maintain macroeconomic stability
Journal Title: Revista Romana de Statistica - Year 2016, Vol 64, Issue 9
Abstract
One of the objectives of the Vienna Initiative consists in maintaining the credit institutions in more developed countries of the European Union’s financial exposure levels in countries covered by the initiative (emerging Europe). Fulfilling these commitments exposure is, however, without costly investment opportunities in host countries. A better absorption of EU funds by national authorities, as well as active involvement of banks in the selection, pre-financing and co – financing from the structural funds could create new business opportunities for credit institutions to facilitate the fulfilment of their commitments exposure and thus contribute to revive the economy of the host countries.
Authors and Affiliations
Madalina Anghel, Diana Dumitrescu, Daniel Dumitrescu, Georgiana Nita
Keywords
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