In the current financial period (2009-14), Iceland, Liechtenstein and Norway make available €988.5 million in financial support through theEEA Grants, with Greece receiving €63.4 million. The 12 newest EU member states, as well as Spain, Portugal and Greece, are eligible for support.
Greece has received the EEA Grants since 1994. During the financial period of 2004-2009, the grants contributed to complete 19 development projects in Greece. Another 20 projects from the same financial period are still ongoing. Environmental protection, climate change and renewable energies, civil society, health and children, cultural heritage and research and scholarships feature as key areas of support. The Greek state has provided approximately 50 percent co-financing to every project, except on the scholarships projects where the EEA Grants constitute 85% of the funding.