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Projects worth €22 mln completed with support from Norway fund

Eighteen projects worth a combined €22m have been completed in Hungary with more than €17 million in support from the Norwegian Financing Mechanism, the National Development Agency (NFÜ) said.

The Norway fund awarded grants of more than €135 million to 101 projects in Hungary in 2004-2009. In 2010-2014, Hungary should get €150 million from the fund for projects, Econews reported earlier.

Norway, as a member of the European Economic Area but not a member of the European Union, earlier decided to make funding available to all of the new EU member states.