Balgarianovinite.com A total of EUR 260 million has been earmarked to help reduce socio-economic disparities in Bulgaria via the European Economic Area (EEA) Financial Mechanism and the Norwegian Financial Mechanism 2021-2028. The Ministry of Innovation and Growth announced on its official website on Wednesday that this had been agreed at the signing of the Memoranda of Understanding between Bulgaria and Iceland, Liechtenstein, and Norway on the implementation of both mechanisms.
The Memoranda include programmes that contribute to areas such as energy security, sustainability of water resources, green business innovation, sustainable local development, the rule of law, national asylum and migration system, and cultural heritage.
The agreed funds form part of a framework agreement by the Council of the EU on the EEA Financial Mechanism and the Norwegian Financial Mechanism. Fifteen EU countries will have access to a total of EUR 2,8 billion to implement projects and programmes. Bulgaria is the third-largest beneficiary after Poland and Romania, with implementation continuing until April 30, 2031. More than 300 projects were successfully implemented during the previous funding period.
Prior to the signing of the memoranda, the Bulgarian Foreign Minister, Georg Georgiev, met with the Norwegian Ambassador to Bulgaria, Hilde Lunde. During their meeting, they identified the Norwegian Financial Mechanism and the European Economic Area Financial Mechanism as a solid basis for deepening bilateral cooperation through the financing of projects in areas such as the green transition, democracy, the rule of law, human rights, social inclusion and sustainability. Memoranda of Understanding on Implementation of Financial Mechanisms Signed with Iceland, Liechtenstein, and Norway 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-19 13:20:16 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law