Finance

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EDA’s budget is €31 million (2010), of which the largest part is dedicated to functioning costs. A smaller part - € 8.4m in 2010 – is used for feasibility and other studies under the Operational Budget.

Projects and Programmes are financed by different groups of participating Member States, based on the principle of variable geometry. The portfolio of these projects and programmes amounted to approximately € 170m in 2009.