Romania will receive nearly EUR 600 million under the new financing cycle of the EEA and Norway Grants, following the signing of new cooperation agreements with Norway, Iceland, and Liechtenstein. The funding will support projects ranging from green transition and innovation to social cohesion, democratic institutions, and civil society development. Romanian investments and European projects minister Dragoș Pîslaru, Norwegian foreign minister Espen Barth Eide, and Iceland’s ambassador to Romania, Friðrik Jónsson, signed the agreements during an official ceremony held in Bucharest on Wednesday, May 13.  According to the Romanian Ministry of Investments and European Projects, the newly signed memorandums establish the next funding period for the EEA and Norway Grants mechanisms and open access to more than EUR 596 million in non-repayable financing for Romania.