ERASMUS DEAL STRUCK OVER FUNDING
December 1st, 2012
BY ALAN OSBORN
It was a tight call but the money came through in the end and students signed up for the European Union's (EU) Erasmus student exchange programme will get funding after all next year.
The Erasmus cash had been caught up in a budget deadlock lasting months and the issue was only resolved this week, when the European Parliament rubber-stamped a deal agreed a few days earlier by EU ministers.
Among other things the agreed deal on the EU budget for next year released a ?90 million (US$118 million) special corrective sum for Erasmus. At one point it ...
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