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The paper deals with the necessity to implement sub-regional specific solutions in order to achieve the economic recovery. EU2 countries (Bulgaria and Romania) have the same political and economic past, present and future and the same challenges to face. This is why both countries are analysed together in order to present the disparities between the real economic environment and the economic recovery measures implemented. The punt is high, because these latest Member States would be transformed into a good practice example for other member and candidate countries. Unfortunately, the reality is different. The analysis is focused on the anti-crisis programs from EU2 and their experience with the international financial institutes. The analysis is supported by Eurostat and official databases in order to describe the symmetrical shock to asymmetrical implications on the economy. The conclusions of the analysis can be resumed to the following: the global crisis affected powerfully the latest two EU member states; the financial regulation represents a critical area to create a sustainable and efficient financial system; the real target for Romania and Bulgaria is to save themselves from the national bankruptcy; the popular pressure on the policymakers increased and the economic recovery implemented plans are not able to support the economic recovery in both countries. The analysis and the conclusions of the paper are followed by pertinent statistical tables and diagrams.

The present global crisis began in 2007 in the USA. It affected all economies of the world during 2008-2010. Our research deals with the idea of a new paradigm for the European cohesion policy in order to limit and to decrease the regional disparities across the Member States. The paper uses the Eurostat official data base as a neutral approach for all Member States' economies. We talk about the Economic Forecast Spring 2009 of the European Commission, Directorate-General for Economic and Financial Affairs. The analysis is focused on some specific economic indicators (GDP at previous year prices, private consumption, public consumption, gross fixed capital formation, exports, imports, employment, unemployment rate, unit labour costs whole economy, savings rate of households, harmonised index of consumer prices, trade balance, general government gross debt as % of GDP) and covers 2008-2010 period. We used the ranking of the Member States using the method of the relative distances, the ANOVA method (under the unemployment rate) and the cluster analysis, as well. The data processing leads to an unexpected result: the Members States can be easily divided into three categories, each of them with specific evolutions. Moreover, the economic evolution of those Member States' economies leads to greater disparities in 2010, comparing to 2008. These disparities are presented using pertinent diagrams and critical remarks. The question we have to answer is if the present European cohesion policy is able to solve these disparities. Unfortunately, the answer is negative, at least in 2010. As a result, these new socio-economic evolution of the EU under the global crisis represents the real greatest challenge for the EU.

The paper deals with the analysis of the regional development using RIV model which uses a regional sphere. The regional development is analysed as a sum of boundless number of sphere sectors. We must carry out a translating process that should make the passage from a two to a three-dimension space. Each specific influence is allotted certain, clearly cut sphere sector as shown by the pattern. We consider standard life as the element aimed at by the study at issue. Using specific factors, RIV model can obtain a diachronic time-progress diagram. More, a series of relevant comparisons can be made between regions, between regions and the country mean or between regions and the E.U. average. RIV model allows completing forecasts using scenarios method which is able, for example, to provide the regional decisions makers with a wide range of possible involvements. ; peer-reviewed

The present study uses the analysis of the EU's regional performance structure based on clusters to test the versatility of the regional administrative capacity in relation to three disruptive global phenomena: the economic crisis, the coronavirus epidemic and the phenomenon of refugee migration to Europe. We defined a regional performance model based on maintaining sustainability indicators in the 240 EU regions. The objectives of the study are aimed primarily at a structured assessment of regional administrative capacity in the initial version, based on statistical indicators, and in the current version, after the outbreak of the pandemic, based on quantifying the impact of the disturbing factors. Secondly, the objectives of the study are to evaluate the reaction of the administrative units according to their ability to respond to the economic problems in the region, in the sense of improving the performance of the regional economies. The methods used in this paper will be empirical (the study of the specialized literature), analytical and will contain econometric modelling and statistical processing of the data. The results of the study will allow the identification of the necessary traits to train a leader in regional performance, traits that will be useful to European decision makers in adjusting the EU regional policy. Moreover, the need to redefine the EU in terms of performance will be substantiated once again. The study is current and is based on the latest Eurostat information, pertinent tables and diagrams.

According to the current concerns about social welfare and environmental protection, integrated in a model assimilated to intrabusiness relations, our research started from the analysis of the initial model SAM, which will be transformed in order to develop the SAMI model under six research objectives. The need of improving SAM matrix started to connect it directly to the regional economic systems and continued to a new approach on Input-Output Analysis. Nowadays, SAM describes the intraregional connections between regional economic actors using the role of different income categories. Moreover, SAM can quantify different regional multipliers. All deficiencies previously identified in connection to SAM model have been reviewed and resolved within the proposed SAMI model by the authors of this paper. The purpose of this research is the launch of an absolutely new mathematical model (SAMI) and its practical testing at regional level. This model is able to systematize the links between the local and regional businesses, under the matrix (SAMI) flow, for all kinds of companies and to assist the regional decision, as well. Czamanski was not able to escape from the input-output prison's approach. This is why he continued to use the linear interdependencies between the industries, economic sectors and economic actors. The income is able only to approximate the individuals and other economic actors' welfare. If the increase in the average and aggregate income is doubled by an unfair distribution of income in two countries which have the same average income, the effects on welfare vary a lot. A relatively similar effect comes from the government policy differences in income distribution and redistribution.

In the context of the COVID-19 pandemic, financial resources allocated to the health system have been refocused according to priority 0: fighting the pandemic. The main objective of this research is to identify the vulnerabilities affecting the health budget effort in the EU and in the Member States during the health crisis period. The analysis takes into account relevant statistical indicators both in terms of financial allocation to health and expenditure on health protection of the population in the Member States, with the effect being tracked even during the pandemic period. The novelty of the study is the identification of viable directions of intervention based on the structural determination of expenditures related to measures to combat the pandemic and making proposals for changes in public policies based on the determination of the effectiveness of budget allocations in health in relation to the proposed purpose. The main outcome of the study is the identification of the vulnerabilities and the projection of measures to mitigate them in the medium and long term.