‘WORKING TOGETHER FOR A COMPETITIVE AND INCLUSIVE EUROPE’​

‘WORKING TOGETHER FOR A COMPETITIVE AND INCLUSIVE EUROPE’​

The Agreement on the EEA Financial Mechanism for the 2014-2021 period was signed on 3 May 2016, with a total commitment of €1,548.1 million. The Agreement on the Norwegian Financial Mechanism for the 2014-2021 period, with a total commitment of €1,253.7 million, was also signed on 3 May 2016.

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, and
• ​To strengthen bilateral relations between the Donor States and the Beneficiary States through financial contributions in the priority sectors.

Malta has received €8 Million from Norway, Iceland and Liechtenstein after two separate Memoranda 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 Financial Mechanism.

Four projects shall be implemented under the EEA and Norway 2014-2021 Financial Mechanisms, namely:

• ‘Reduction in social inequalities in health and the burden of disease’ implemented by the Ministry for Health, worth €2,407,059
• ‘Opportunity Knocks’ (OK) implemented by Appoġġ Agency within the Foundation for Social Welfare Services (FSWS), worth €941,176
• ‘Training of Local Council Staff in Principles of Good Governance, Transparency and Accountability’, for which a total budget allocation of €200,000 is earmarked additional to the sum of €1.1 million in grants for Local Councils in Urban Areas, both led by the Department of Local Government, Ministry for Justice, Culture and Local Government
• ‘The Malta Maritime Museum: local development through cultural heritage’ implemented by Heritage Malta, worth €2,015,529.

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