About
Norway, Island and Liechtenstein, with the purpose to reduce social and economic disparities in the European Economic Area (further - EEA), created EEA and Norway financial mechanisms. EEA Financial Mechanism is designed to support 15 countries (12 new European Union countries and Greece, Spain and Portugal). Norwegian Financial Mechanism is designed to support 12 new European Union countries.
The Memorandum of Understanding on the Implementation of the EEA Financial mechanism in Lithuania.
The first EEA and Norwegian financial mechanisms period covered 2004 - 2009 years. During this period, Lithuania received 67.3 million Euros from the Norwegian and EEA financial mechanisms for supporting various projects in Lithuania. More information.
The second EEA and Norwegian financial mechanisms period covers 2009 - 2014 years. During this period, Lithuania will receive 84 million Euros from the Norwegian and EEA financial mechanisms for supporting various projects in Lithuania. More information.
Background
The EEA and Norway Grants represent Iceland, Liechtenstein and Norway’s commitment to stimulate more sustainable and inclusive growth in Europe, promote bilateral cooperation and tackle shared challenges. The funding period 2014-2021 represents the most ambitious effort to date by the EEA/EFTA States resulting in a total budget of €2.8 billion dedicated to strengthening bilateral relations and reducing social and economic inequalities in Europe.
The Grants are channelled through programmes that reflect the priorities of the European Union. Each Beneficiary State has several programmes which address the most relevant issues in different areas.
Discover more – explore the Status Report 2020!