Agreement on the EEA Financial Mechanism for the 2014-2021 period was signed on
3 May 2016, with a total commitment of 1548.1 million euro. The Agreement on
the Norwegian Financial Mechanism for the 2014-2021 period, with a total
commitment of 1253.7 million euro, was also signed on 3 May 2016.
‘WORKING TOGETHER FOR A GREEN, COMPETITIVE AND
The overall objectives of the EEA and Norwegian Financial Mechanisms for
the 2014-2021 are:
To contribute to the reduction
of economic and social disparities in the European Economic Area,
To strengthen bilateral
relations between the Donor States and the Beneficiary States through financial
contributions in the priority sectors.
The Memoranda of Understanding (MoU)
Malta has received €8 Million from Norway, Iceland and Liechtenstein after
two separate Memorandums of Understanding (MoUs) were signed on 1st February
2017 between the four countries on the Implementation of the EEA and the
Norwegian Financial Mechanisms for the 2014-2021 programme period. €4.4
Million were allocated under the EEA Financial Mechanism whilst €3.6 Million
were allocated under the Norwegian FM.
The Legal Documents
Memorandum of Understanding on the Implementation of:
Priority sectors and programme areas 2014-2021