A website project which is supported by Europian Union , need critics!

Hi all,
I am very excited because I and my friend had our first important job.We are developing a website for a project which is supported by European Union.Its a project about self developing.We have finished the homepage the theme only we havent made the banner yet cause they didnt prepared the logo yet.But a good quality flash banner will come there.

So what do you think about the colors,layout any suggestions and critic is appreciated!

http://www.terzzi.com/omer