Does the financing operate on the principle of reimbursement of expenses?

The financing of EU grant is paid in 2 forms: advance payment and reimbursement. 25% of advance payment from EU contribution is granted right after the Subsidy contract signature, then payment will be done based on the reimbursement of expenses. National co-financing is paid out on the principle of reimbursement, details and order of payment is defined in the national regulations.