The Beneficiary and its partners accept that the grant can under no circumstances result in a profit for itself and that it must be limited to the amount required to balance income and expenditure for the Action. Profit shall be defined as a surplus of actual income over the actual expenditure of the Action in question when the request is made for payment of the balance.
The first meeting of the Joint Programming Committee – body responsible for the preparation of the Interreg NEXT (Neighbourhood External) Black Sea Basin Programme 2021-2027 – was held on the 29th of January 2020 in Brussels, Belgium. The eligible participating countries of the new Programme involves ten states from the Black Sea Basin: Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Republic of Moldova, Romania, Russian Federation, Turkey and Ukraine.