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By supporting balanced spatial development, the Community Initiative INTERREG III B constitutes an important instrument for overcoming existing economic disparities and for better integrating the new EU members. Partners from 25 EU member states cooperate in transnational projects on economic, social, ecologic and cultural issues for (re)shaping their living space and economic area. The EU is awarding financial support of 50 to 75 % of project costs which normally amount to 1 to 2.5 Million Euro; projects mostly gather 8 to 15 partners from 3 to 5 different countries. Read More
