Politics and Society
| Iceland Monitor
| Mon 25 Jan 2016
| 14.00 GMT
| Modified
25 Apr 2016
10.32
Iceland gets millions in EU grants
Culture is just one of the areas in Iceland benefiting from EU funds. Photo: Sverrir
Iceland received some ISK 3.4 billion (approx. €23.5 million) in 2015 in the form of grants under various European Union (EU) cooperation programmes.
The money went to various companies, institutions, school and individuals, according to information from Icelandic Centre for Research (RANNIS).
Grant funds were chiefly directed into research, development and educational projects, with other money going to youth issues, culture, film, equality issues, employment, business cooperation and civil protection.
