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Norway grants Romania 306 mil. Euro

21. March, 2012

A new Memorandum of understanding for the implementation of the Norwegian Financial mechanism 2009-2014 was signed on Wednesday, in Bucharest. The Memorandum is worth 306 mil. Eur and is aimed at protecting the environment, preserving the cultural patrimony of Romania and supporting green energy projects. These grants will also be used for the reduction of poverty in Romania and development of civil society.