Poland signs deal with Iceland, Liechtenstein and Norway on EEA funds

News
28.10.2004

The MoU for the EEA Financial Mechanism, established under the EEA Enlargement Agreement, will make 280.8 million euros available over a five-year period for projects in a broad range of sectors, including environmental protection, renewable energy, promotion of sustainable development, conservation of the European cultural heritage, public transport and urban renewal, human resources development, health and childcare.

Mr. Marek Grela, Polish Ambassador to the European Union, signed the MoU o­n behalf of Poland, while the Ambassador of Iceland, Mr. Kjartan Jóhannsson, the Ambassador of Liechtenstein, H.S.H. Prince Nikolaus of Liechtenstein, and the Ambassador of Norway, Mr. Bjørn T. Grydeland, signed o­n behalf of the EEA EFTA countries.

The signing comes after Poland signed an MoU with Norway in Warsaw o­n 14 October o­n the use of funds available through the Norwegian Financial Mechanism, which was also established under the EEA Enlargement Agreement. The two mechanisms will in total make available 558.6 million euros over a five-year period for projects in Poland.

The EEA Financial Mechanism and the Norwegian Financial Mechanism aim to reduce social and economic disparities within the EEA, and to enable all EEA countries to participate fully in the Internal Market.