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Financial Mechanism of the EEA and NFM

Website development for Financial Mechanism of the EEA and NFM

On 17.06.2011 between Bulgaria and Iceland, Liechtenstein and Norway were signed two very important financial memoranda.

The main purposes of the two financial instruments are:

1. reduction of the economic and social disparities in the European Economic Area;
2. strengthening of bilateral relations between donor countries and Bulgaria.

Within both programs, Bulgaria has accessed 126.6 million euros.

They may be used for funding of priority country sectors, such as environmental protection, renewable energy, restoration of natural and cultural heritage, public health initiatives for children and youth at risk, innovations for the green Industry, justice and home affairs.


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