Abstract

The Importance of European Funded Projects for the Development of a Tourist Destination Case study – North-West Region of Romania (North Transylvania)

Highlights

  • The European Union supports in financial terms both the Member States and those which are in adjacent geographical areas through the various programs and financial instruments

  • Considering the key objectives existing at the European Union level, Romania tries permanently to use the resources obtained from the funding either for the promotion of the economic growth at the regional level, or for the consolidation of the competitiveness and increase of labour force employment or for the decrease of the regional disparities existing at the country level

  • The European funded projects in the field of tourism aim at supporting all the activities undertaken in this activity sector, with the aim of promoting the natural and anthropogenic potential existing in the tourism destinations

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Summary

Introduction

The European Union supports in financial terms both the Member States and those which are in adjacent geographical areas through the various programs and financial instruments. The investments made through the implementation and completion of a project funded under European funds may result, subsequently, either in increasing jobs in the area, local economic growth in the region / area where investment was made, increasing the number of tourists visiting the destination, increasing the consumption of tourist products in the region, or developing complementary sectors, such as transport. In this way, the tourism sector through projects funded under the European funds contributes to the competitiveness increase and macrodestination development - Romania (finantare.ro). Romania can build the necessary basis to develop a strong country brand that can be continuously strengthened by developing regional brands. (fonduri-structurale.ro)

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