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âIn order to make the resources available, Poland signed, with the donor countries, agreements in the form of Memoranda of Understanding â the Memorandum of Understanding on the implementation of the Norwegian Financial Mechanism was executed on 14 October 2004, while the Memorandum of Understanding on the implementation of the EEA Financial Mechanism on 28 October 2004...
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Poland has been awarded, under both Mechanisms, the total of 533.51 million Euro for the years 2004-2009.â
Both Mechanisms are subject to the same principles and procedures and to the same system of their managing and implementing.
1.2.1 Main Objectives
The financial help obtained from the Mechanisms has to be earmarked for implementation of growth-stimulating projects contributing to the reduction of economic and social disparities within the European Economic Area...
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European Economic Area And Norwegian Financial Mechanisms
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