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Membership in the European Union implies adjustment of EU projects to the rules of Structural Funds, but also adoption of legal regulations, thus influencing the process of implementation of the public procurement in EU funded projects. Each successful applicant who expressed the need for procurement of goods, services and works of a certain value, must respect the principles of public procurement. Irregularities in the procurement process can lead to the failure of returning the EU funds even several years after the end of the project. Therefore, the knowledge and proper implementation of public procurement is the main precondition for the correct implementation of each project. In order to obtain information about the current absorption capacity of the public procurement liable parties, and to identify key obstacles that stakeholders face in procurement procedures, the research was conducted by surveying 30 entities that are subject of public procurement in Croatia. Research results imply the poor quality of public procurement in the implemented projects, which often results in financial corrections, disapproving project reports, etc. Keywords: Public procurement, PRAG, Law on Public procurement, EU projects, EU funds, financial corrections Clanstvo u Europskoj Uniji zahtijeva prilagodbu EU projekata pravilima strukturnih fondova, ali i prihvacanje pravnih propisa, a što djeluje i na provedbu javne nabave u projektima, financiranih od strane EU-a. Svaki uspješni prijavitelj, kojemu je potrebna nabava proizvoda, usluga i vanjske suradnje odredenih vrijednosti, mora poštovati nacela javne nabave. Nepravilnosti u procesu nabave mogu prouzrociti i probleme u vracanju sredstava EU-a, pa cak i nekoliko godina nakon završetka projekta. Stoga su znanje i tocna provedba javne nabave temeljni preduvjet za tocnu provedbu svakog projekta. Kako bi se dobila informacija o trenutnom apsorpcijskom kapacitetu organizacija od kojih se zahtijeva javna nabava te utvrdile kljucne zapreke, s kojima se suocavaju dionici javne nabave, provedeno je istraživanje na uzorku od 30 hrvatskih organizacija--obveznika javne nabave. Rezultati istraživanja ukazuju na nisku kvalitetu javne nabave u implementiranim projektima, a što cesto dovodi do financijskih ispravaka, neodobravanja projektnih izvješca, itd. Kljucne rijeci: javna nabava, PRAG, Zakon o javnoj nabavi, EU projekti, EU fondovi, financijske ispravke, 1. INTRODUCTION In 2013, Croatia became a full member of the European Union, which has introduced a substantial change in terms of the use of EU funds. Structural funds became [...]

In this article, I evaluate the challenges related to the European Commission's output gap method of calculating the structural budgetary position, and assess its bottom-up alternatives in the EU's fiscal [...]

Introduction Greece's second international bailout programme ended tumultuously with the Troika (EU Commission, ECB and IMF) refusing to disburse the bailout's final instalments, Greece delaying two payments to the IMF [...]

The objectives of the European Union (EU) public procurement law are generous in terms of opening public procurement market. The effective functioning of this market seems to facilitate the access of good-, service-, and work providers from developed EU countries on the markets of less developed EU member states. This paper aims at highlighting factual issues in favor of this supposition. Keywords: competition, economic operators, EU member states, public procurement JEL Classification Codes: E6, F3, H7, The public sector is the largest consumer in the European Union (EU) economy. In 2009, the public sector spent over 2,100 billion euro on goods, services and works amounting to [...]

A study was conducted to examine whether the European Commission's policy of obliging its member states to open their national handling markets to competition has allowed airlines to design efficient contractual solutions with ramp-handling suppliers. It is argued that awarding temporally limited operating licenses results in inferior economic performance.

In the euphoria of the early 1990s the former socialist countries of Central and Eastern Europe (in the following: CE and EE) were generally expected to quickly turn into democracies [...]

This paper provides an analysis of the fiscal challenges faced by the eight transition economies, which joined the European Union (EU) in May 2004. More than half of them run excessive fiscal deficits being partly a Legacy of an early transition period, partly--a consequence of additional accession-related costs. In addition, the long-term fiscal outlook, connected with the consequences of population ageing, is dramatic. On the other hand, the perspective of Economic and Monetary Union entry should provide the new member states with a strong incentive to reduce their deficits now because waiting (and postponing both fiscal adjustment and the adoption of the euro) will only result in higher cumulative fiscal costs. Keywords: European union, enlargement, fiscal policy, Maastricht criteria JEL Classifications: E63, F36, H62, H63, INTRODUCTION Since 1 May 2004, the European Union's (EU) new member states (NMS) have been subject to the same fiscal rules established in the Treaty on EU and the Stability [...]

The Euro Area economy is showing some signs of strength, but sluggish dynamics in domestic demand and diminishing contributions from net trade suggest that this upturn will be only moderate [...]

An analysis of the evolution of competence allocation within the European Union (EU) Competition Policy System is provided. The interest-driven outcomes of the process are largely ineffective and deficient even if evaluated against the background of publicly announced reform goals and stands in accordance with longer-term patterns in competence allocation evolution in EU Competition Policy System.

Introduction Since the deep recession of the early 1990s growth has been strong and productivity gains were among the highest in the OECD. However, the scope for economic catch-up remains [...]

The European Commission's policy on competition within the European market has led to the obliteration of monopolies of public utilities. The telecommunications industry has greatly benefited, with many private companies entering the market bringing new technology and increased globalization. Technology will allow convergence within the industry, linking together previously separate services, such as television and telephones. The Internet has opened up global markets to industries all over the world, requiring legislation on an international scale.

The European Commission has recognized the importance of competition in telecommunications and is convinced that privatization is the alternative to the government monopoly of telephone companies. Despite, its resolve to encourage privatization and liberalization, however, competition in Europe involves only major players in telecommunications. While privatization ranges from 100% in Spain and the UK to none in Norway, it is evident that telecommunications competition in Europe is vastly different from that of the US.

Introduction Much of the debate on the desirability of a monetary union in Europe has focused on the question of whether Europe can be described as an optimum currency area [...]

This article analyzes the complex history of the important new product liability directive of the European Community. The member countries must amend their laws and meet the directive's proconsumer standards [...]

Economic governance within the EU continues to evolve; a process which has accelerated since the onset of the Global Financial Crisis. In particular, additional rules and processes have been created [...]