Next generation E.U. program - an opportunity for Romania

ABSTRACT

In this paper, the authors analyze the proposal of the European Commission and European Parliament concerning the European Union recovery plan, to repair the damages caused by the SARS-CoV-2 pandemic. The leaders of the European Union have designed this program to help EU member states get through this crisis more easily and to lay the foundations for a modern Europe, that is more resilient to current and future challenges. The budget allocated for this program will be 750 billion euros, and, together with the European Structural and Investment Funds, the budget for the financial year 2021-2027 will total 1824 billion euros. This analysis is necessary because the distribution of European funds is the subject of difficult, often contradictory, discussions between Member States, due to different priorities from one state to another.