2012. february 10., friday

EEA Financing Mechanism and the Norwegian Fund

Since the EAA countries (Norway, Liechtenstein and Iceland) have agreed to pay for participation in the EU internal market, and the Norwegian state has concluded a series of bilateral agreements, the ten new member-states are granted development funding, out of which Hungary receives a share of a total of an additional 27 million Euros throughout a 5-year period.