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The European Commission has approved the revision of the Interreg NEXT Black Sea Basin Program, supplementing the budget with €19.96 million (Interreg funds) to include Armenia as a participating state in the Program, and to introduce a new priority: A Competent and Resilient Region.
Following this increase, the total budget of the Program becomes €94,456,673, of which €85,010,556 represents the contribution from EU funds, and €9,445,617 is the national co-financing of participating states.
The new priority included in the Program (A Competent and Resilient Region) belongs to Interreg Specific Objective 1 - Better governance in cooperation and aims to contribute to:
Detailed information about the revised Program is available here: