ANALYSIS OF THE RISK OF FRAUD IN PROJECTS FINANCED FROM EUROPEAN FUNDS
The European funds represent a source of non-refundable financing allocated to the EU member states, in order to reduce the economic and social development gaps between them. Funding from the EU is dedicated especially for the fields that generate the highest added value in the EU economy, and the a...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University Publishing House
2023-06-01
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| Series: | Challenges of the Knowledge Society |
| Subjects: | |
| Online Access: | http://cks.univnt.ro/download/cks_2023_articles%252F5_CKS_2023_ECONOMIC_SCIENCES%252FCKS_2023_ECONOMIC_SCIENCES_011.pdf |
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| Summary: | The European funds represent a source of non-refundable financing allocated to the EU member states, in order to reduce the economic and social development gaps between them. Funding from the EU is dedicated especially for the fields that generate the highest added value in the EU economy, and the allocations at the level of each member state are negotiated with the European Commission. Unfortunately, however, a number of irregularities or even frauds also appear in the allocation and implementation of European funds.
This paper aims to analyse the risk of fraud in projects financed from European funds and the measures that can be adopted to reduce the financial corrections applied in the case of irregularities found in the use of European funds. |
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| ISSN: | 2068-7796 |