Agreements between EU Member States, Norway and Managing Authority signed

Agreement between participating EU Member States and Investitionsbank Schleswig-Holstein (IB), acting as the Managing Authority, Certifying Authority and the host of the Joint Technical Secretariat, on the implementation of the Baltic Sea Region Programme 2007-2013 has been signed. Also the formal Declaration of Consent by the Kingdom of Norway concerning its participation in the Programme has been concluded.

Agreements were prepared by the IB and agreed with the Monitoring Committee's Task Force Legal Framework in 2008. Also the Audit Authority co-signed the agreements. Both agreements retroactively are in force as of 1 January 2007.

By this, an important milestone of setting-up the legal framework of the Programme has been completed.