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Norwegian grants were distributed

The evaluation of the second round of the tender for the grants of the EEA (European Economic Area) and the Norwegian Financial Mechanisms was closed.

There were 600 highly detailed tenders submitted, and the arbitration committee proposed 41 projects for funding, the National Development Agency (NFÜ) reports. The final decision will be made in 2008, by the financing mechanism committee and the Norway’s Ministry of Foreign Affairs. There were nine areas of development that could be tendered for. The tenders that were rejected because of too many applicants had a new chance in the third round closed on September 24.

Through the EEA Financial Mechanism, the three non-EU states (Iceland, Liechtenstein and Norway) will make a total of €600 million ($848 million) available to the 10 countries that joined the EU and the EEA in May 2004, as well as to Greece, Portugal and Spain. Through the Norwegian Financial Mechanism, Norway will make an additional €567 million ($801 million) available to the 10 countries. Hungary will get an annual €27 million ($38.1 million from the two funds altogether over a period of 5 years. (Napi Gazdaság)