On October 31, 2017, the donor countries and Greece signed a Memorandum of Understanding (MoU: Memorandum of Understanding) for the 2014-2021 programming period, which concerns the funding of nine (9) new programs. The Memorandum was the result of formal negotiations between the Greek authorities and the Financial Mechanism Committee (FMC) on the basis of the country's needs and priorities for targeting such funding.

The programs, as included in the Memorandum of Understanding, concern the following priority areas:

		Innovation and Entrepreneurship
		Social inclusion and empowerment of Roma
		Local development and poverty reduction
		Water management
		Renewable energy sources - Energy saving
		Useful Governance, Institutions and Transparency
		Asylum and Immigration (Strengthening National
		Asylum and Immigration Systems) Asylum and Immigration (Emergency Needs for Reception and Identification of New Arrivals and Accommodation for Vulnerable Groups)
		Civil society

Of these programs, five (5) are managed by the Greek authorities, while the remaining four (4) are managed by the Financial Mechanism Office (FMO).