It is intended to serve as a means of safeguarding sound government finances in Stage Three of EMU in order to strengthen the conditions for price stability and for strong sustainable growth conducive to employment creation .

others to cover costs not included under above categories, e.g. visa costs, bank charges, health insurance.

Human resources and associated expenditure ( NDA ) Administrative costs , other than human resources and associated costs , not included in reference amount ( NDA )

Travel costs Costs of stay Staff Travel costs and Costs of stay

Grants for staff travel are intended to cover travel, accommodation, subsistence and personal insurance costs.

The employees need to cooperate to lower expenses.

I .

Other changes were made in an effort to simplify manufacture.

Prepaid expenditure and accrued interest paid ( 3 )

Total Administrative expenditure , other than human resources and associated costs ( NOT included in reference amount )

amount ( NDA )

Administrative costs , other than human resources and associated costs , not included in reference amount ( NDA )

This item represents extraordinary income arising mainly from the release of provisions made in previous years in respect of anticipated expenditure arising in those years that are no longer required .

Costs of stay for travel within a partner country

The amounts are total expenditure for 12 months .

19 The amounts are total expenditure for 12 months .

The amounts are total expenditure for twelve months .

In addition , this heading will include the liabilities of the ECB to the euro area NCBs in respect of the transfer of foreign exchange reserve assets ( Euros 39.5 billion ) , as described under asset item 1 above . This item comprises provisions against accumulated pension liabilities of the ECB to its staff in connection with the ECB 's pension scheme and sundry provisions relating to expenditure incurred , including unused provisions taken over from the EMI .

8.2.6 e

Overheads maximum of 2,5 (fixed rate cost) or 5 (actual costs) of the total annual grant

The expenditure of

Eligible costs

Eligible Expenses

Eligible expenses

Actual costs.

Costs of stay include reasonably priced accommodation and reasonable daily allowances for miscellaneous expenses d (i.e. subsistence, local transport such as bus and taxi, personal insurance cost, etc.).

Grants for staff travel costs are intended to cover travel, accommodation, subsistence and personal insurance costs.

Additional travel costs for onward travel must be requested in advance in the forecast of expenditure section of the application form.

The grant can be used to cover the following expenses

Maximum percentage of the total grant available for documentation

Moving to a smaller place will reduce the expenses.

Staff costs are divided into two main categories, administrative staff costs and academic staff costs.

In order to determine the maximum amount for overheads, the applicant will choose one of the two alternative methods given below.

The changeover for non cash transactions

Overheads include postage, telephone and fax costs.

Requests for local travel costs (e.g. local transport costs once at the host institution) will not be considered these should be paid from the subsistence grant.

F. Other costs

5.7.4 Eligible expenditure

Costs

Travel Costs

Ineligible expenses

Staff costs

New

Travel costs cover transport costs at national level, and international flights at economy fare to and from the partner country.

The grant awarded may be used to cover the following expenses