I think you are right in principle. I have some good friends that worked in projects - mainly in the wine industry - in romania. I been told that it looks like huge parts of Romania are EU-Projects. [:)] (No offense here, cause I can understand that it is easier to take money from the EU than to come up with own ideas and efforts to start new after the desaster that communism brought).
Another thing I am told though is that there is a real issue with land titles. Basically, there is often no documentation about who owns what land which keeps non-governmanetal european investors out of the game. After what I have heard Romania is a great place for a florishing economy, especially for acriculture and it would be a mess, to say the least, if this huge opportunity would drown in a sea of EU financed projects that eventually will turn out to be a waste of money and resources.