The Main Financing Sources for Regional Policy Implementation in the European Union

Abstract

The paper deals with regional development across the E.U. in order to make disparities evident between the Member States and the influence of the Structural Instruments upon these states. The main structural instrument is ERDF. As a result, the second part of the paper is concerned with the principles of this fund and its specific objectives during specific programming periods. The last part of the paper analyses the impact of European Funds on Romanian economy. So, we can conclude that the Structural Instruments are important for the economy of every Member State, including Romania.