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Iceland - financial assistance

Iceland - financial assistance

  • Funding allocation for 2013: €5.8 million
  • Iceland currently has access to IPA Component I (Transition Assistance and Institution Building).

This assistance is managed by the European Commission.

  • EU assistance focuses on:
    • Customs – to align Icelandic customs procedures with European standards, international best practice and agreements.
    • Financial services – to strengthen the financial system and minimise the risk of future financial crises and bank failures
    • Business statistics – to produce quality business statistics, supporting sound economic policy-making at national and European level
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Last update: 23/01/2014