Monitoring the water cycle from satellite observations is one of the major goals of the Earth
 Observation (EO) community. In fact, closing the water budget has been a long-standing objective
 of international programs such as the Global Energy and Water Exchange (GEWEX) project.
 After many years of hard work, calibrating the satellite data, improving inversion techniques, and
 facilitating the coherency of the satellite retrievals, it is admitted that the water cycle budget can
 now be closed when using the best satellite datasets. However, this closure is attained at the global
 scale only, but we are far from closing it at regional and seasonal scales. Closing the budget at a
 global scale was a necessary condition, but this is far from being enough. The EO data are
 designed to monitor the spatial and temporal distribution of the water components, not to provide
 global and yearly mean numbers. In this context, this study has two main objectives:
 study/improve the water budget at a regional level from EO data, and to support the HYdrological
 cycle in the Mediterranean Experiment (HYMEX) initiative to better monitor the water cycle in
 the Mediterranean region.