Estonia launches open call for FMO funds

Estonia has now made 23.2 million euros available for individual project applications under the EEA Financial Mechanism and the Norwegian Financial Mechanism. The main share of the support is given by Norway, and the majority of the projects are focused on environment, health and regional development.

07/06/2006 :: “We are very pleased that the EAA-grants are called in Estland”, the Norwegian Minister of Foreign Affairs Jonas Gahr Støre says. “Estonia is one of our closest cooperation partners in the Nordic-Baltic-region. We hope that these grants will contribute to supporting the regional and local government and along with cultural- and educational institutions,” the Minister stated.

The Financial Mechanisms aim to reduce social and economic disparities within the European Economic Area (EEA), and to enable all EEA countries to participate fully in the Internal Market. The EEA Agreement makes the EEA-EFTA states Norway, Iceland and Liechtenstein part of the Internal Market, which was expanded from 18 to 28 member states at the same time as the EU enlargement in May 2004.

Through the EEA Financial Mechanisms, Iceland, Liechtenstein and Norway make 600 million euros available over a five year period until 2009. The grants go to the ten countries which joined the EU in May 2004, in addition to Spain, Portugal and Greece. Under the Norwegian Financial Mechanism, Norway grants an additional 567 million euros over the same five-year period to the ten new EU members. In total about 3000 applications have been submitted.

The two financial mechanisms are administered by the Financial Mechanism Office in Brussels, which is affiliated to the European Free Trade Association (EFTA) Secretariat.

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