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Slovakia to draw 120 mln USD from EEA and Norway Grants by 2021

Xinhua, November 29, 2016 Adjust font size:

Slovakia will be able to draw 113 million euros(119.83 million U.S. dollars) from the European Economic Area(EEA) and Norway Grants until 2021, according to memos signed here on Monday.

According to Slovak Foreign and European Affairs Minister Miroslav Lajcak, the money will be used to support enterprise and innovations, fight climate change, preserve cultural heritage, combat gender violence, support local development and Roma inclusion as well as transparency in the judiciary.

"It's a significantly higher amount than in the previous period ...A significant portion of the contributions will go into supporting civil society," stressed Lajcak.

The EEA-Norway Grants involve funds from Norway, Iceland and Liechtenstein. Slovakia has been drawing on these funds since 2004, when it joined the EU, and is now entering the third program period. More than 500 projects worth a total of 150 million euros were supported in the past two programs. The Slovak government pays 15 percent of the projects' costs.

The memos were signed on Monday by Miroslav Lajcak and Norway's Minister of EEA and EU Affairs Elisabeth Vik Aspaker. Endit