Mar 20 • 13:51 UTC 🇬🇷 Greece Naftemporiki

New funding of €143 million from the European Economic Area for Greece

A Memorandum of Understanding has been signed, ensuring €143 million for Greece from the EEA Grants 2021-2028 to address contemporary challenges.

Today, Greece's Deputy Minister of National Economy and Finance, Nikos Papathanasis, signed a Memorandum of Understanding (MoU) with three donor countries - Norway, Iceland, and Liechtenstein. This agreement secures new funding amounting to €143 million for the European Economic Area (EEA Grants) for the programming period 2021-2028. The funding is intended to enhance resilience against modern geopolitical, social, energy, and climate challenges, with a strong emphasis on gender equality and digitalization woven into all initiatives.

The allocation of these resources is detailed as follows: €51 million will be directed toward protection and justice, focusing on the management of asylum and migration, particularly for unaccompanied minors, women's access to legal protection, and tackling domestic violence. An additional €26.1 million will target local development, aiming at sustainability and social inclusion, especially for vulnerable groups, including support for migrants.

This funding is crucial as it not only aims to address immediate socio-economic issues but also reflects a broader commitment to enhancing the quality of life in Greece while navigating the complexities of migration and the legal support necessary for equality and protection. These initiatives align with wider European goals of fostering inclusive and sustainable development that meets pressing challenges in various sectors.

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