.EU domains and process of expiration process VS .com .net .org domains?

[Damion]

I was wondering what the process was for .eu domains?

This information i had found regarding .com domains:

Domain Name Registration

A domain name may be registered for up to a ten year period, but most new domain names are registered for one to two years. The normal expiration date is exactly 365 days from the registration date (for 1 year, etc.)

Domain Name Expiration Date


Shortly after the domain name goes past its expiration date the domain name will be deactivated. All domain services including the web page and email will no longer work. The domain may be renewed during this period, but it will take 24-72 hours before the domain services will re-activate.
Domain Name Grace Period For approximately 30 days the domain name will be in a "grace period". During this time the domain name will not be active but may be renewed by paying standard renewal fees.
Domain Name Redemption Period

At the end of the Grace Period the domain will enter a 30 day Redemption Period. Whois information (name, address, telephone numbers, etc.) will be deleted. The domain will still be inactive. The domain may be renewed by the original owner (only) for $150.00. It is a manual process for the registry to add the name/address information back into the domain registry records, therefore, the process may take several days.

Domain Name Deletion

Five days after the end of the redemption period the domain name will be deleted from the registry and will be made available for anyone to register.

I was wondering if anyone knows how this would work for .eu domains? I know it's still roughly a year ahead from now when the first .eu domains will expire but i think it's interesting nevertheless.

Anyone what the process of expiration is regarding .eu domains?

Thanks