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Grants
1. Grants under the Pericles IV programme shall be awarded and managed in accordance with Title VIII of the Financial Regulation. 2. For actions implemented through grants, the purchase of equipment shall not be the sole component of the grant agreement.
Co-financing rates
The co-financing rate for grants awarded under the Pericles IV programme shall not exceed 75 % of the eligible costs. In exceptional and duly justified cases, defined in the annual work programmes referred to in Article 10, the co-financing rate shall not exceed 90 % of the eligible costs.
Eligible entities
Entities eligible for funding under the Pericles IV programme shall be the competent national authorities as defined in point (b) of Article 2 of Regulation (EC) No 1338/2001.
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