How can Beneficiaries falling within art. 97 Reg (EC) 718/2007 cover the national public co-financing?
Beneficiaries located outside the Programme Area, falling within art. 97, Reg. (EC) 718/2007, must guarantee that 15% of the Programme Contribution is covered with national public sources, this means with their own contribution if they are public or governed by public law or with third public sources belonging to their Country of origin (state, regional, local or other public sources). Private partners cannot cover the national public co-financing with their own private resources.