Working together for a green, democratic and resilient Europe
For more than three decades, Norway and Greece have worked together to reduce social and economic disparities and to strengthen bilateral cooperation through the EEA and Norway Grants. Guided by shared European values, our cooperation is firmly rooted in the principles of democracy, the rule of law, and respect for human rights.
Thirty years after the signing of the EEA Agreement in 1994, significant achievements can be seen in economic growth and reduced disparities within the European Economic Area. However, gaps in economic development and living standards persist. Digital transformation, climate change, and geopolitical tension and conflict are reshaping Europe. Continued efforts and cooperation are essential to further reduce disparities, safeguard a strong and democratic Europe, and promote inclusive and resilient societies.
To reduce social and economic disparities and to strengthen cooperation with 15 EU Member States (Beneficiary States), Iceland, Liechtenstein, and Norway (Donor States), together with the European Union, have agreed to continue the EEA and Norway Grants for a fourth period, 2021–2028, with a total budget of €3.268 billion, divided between €1.805 billion for the EEA Grants and €1.463 billion for the Norway Grants.
Preparing for a new period
In 2025, Norway and Greece have entered into negotiations on the priorities for the next funding period (2021-2028). The allocation to Greece is €159.3 million.
Our cooperation and joint journey will continue with the signing of the new Memorandum of Understanding, which will outline how our two countries will continue to work together towards a green, competitive, and inclusive Europe.