Financing plan for cross-border programme 2007-2009
The Community contribution has been calculated in relation to the eligible expenditure, which is based on the total expenditure, as agreed by the participating countries and laid down in the cross-border programme. The Community contribution at the level of priority axis shall not exceed the ceiling of 85% of the eligible expenditure. The co-financing under priority axis I will be provided by the final grant beneficiaries and it can be from public and private funds.
| Cross-border Programme | 2007 | 2008 | 2009 | Total |
| Serbia |
500,000.00 |
500,000.00 |
500,000.00 | 1.500,000.00 |
| Montenegro | 600,000.00 | 600,000.00 | 600,000.00 | 1.800,000.00 |
| Total | 1,1 | 1,1 | 1,1 | 3,3 |
| Contribution 85 % |
| Cross-border Programme | 2007 | 2008 | 2009 | Total |
| Serbia | 88,235.00 | 88,235.00 | 88,235.00 | 264,705.00 |
| Montenegro | 105,882.00 |
105,882.00 | 105,882.00 | 317,646.00 |
| Contribution 15 % |
Final grant beneficiaries should contribute with a minimum of 15% of the total eligible cost of the project, both for investment and institution building projects.The co-financing under priority axis II will be provided by the national authorities.
