The Role of European Financial Support for Developing Local Communities
Abstract
The word project is one of the most frequently used phrases in the Romanian business environment. The projects at the European Union level are significant and help economic development. With the integration into the European Union, large or small projects are the way to develop and support the Romanian economic environment.The purpose of these funds is to provide structural support; financial support is intended for less developed regions in order to strengthen economic and social cohesion.In conclusion, projects must consider the context in which they are implemented and, last but not least, aim to achieve the set objectives in order to bring long-term benefits.
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