The financial frameworks of the European grants allocation and their impact on the Romanian agriculture and rural areas

Abstract

In Romania there have been three financial frameworks of European grants allocation until today. These funds, conducted through multiple funding programs, are available in the past and present in the context of Romania’s accession to the European Union in 2007. The first financial framework was conducted from 2000 to 2006, the second from 2007 to 2013 and the third is currently running from 2014 until 2020. The grants of the funding programs intended for the agriculture sector and rural areas always have been a specific segment of the grants, contributing to Common Agricultural Policy implementation. They have had a significant impact on the development of both the rural areas in general and the agricultural production sector or the diversification non-agricultural activities in the rural areas. This paper examines the different features of the three financial frameworks. It also centralizes the specific impact of the funds on the different segments of agriculture and rural areas. As there it will be seen, each financial framework has some specific features that have been established according mainly to the previous one.