(07 May 2018) – Iceland, Liechtenstein and Norway cooperate closely with the EU through the European Economic Area (EEA) Agreement. In 2014-2021, EUR 2.8 billion has been made available for projects, reinforcing EU investments in central and southern Europe.
Like the EU Cohesion Fund, the Grants support EU Member States with a gross national income per capita below 90% of the EU average. Their priorities reflect those of the EU: a green, competitive and inclusive Europe.
In line with the EU’s priorities for the current funding period, the EEA/Norway grants have recently set up regional funds to tackle youth unemployment and promote cross-border cooperation.
A distinctive feature of the EEA Grants is that a minimum of 10% of the funding goes directly to civil society organisations in each beneficiary country.