| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Memo |
| Series Details | MEMO/12/816 (26.10.12) |
| Publication Date | 26/10/2012 |
| Content Type | News, Overview |
|
On 23 October 2012, the European Commission asked the Council and the European Parliament to urgently bridge a €9 billion shortfall in the 2012 EU budget; without this cash injection, several of its funding programmes, including the flagship Erasmus student exchange scheme, will be at risk. The Commission's amending budget proposal highlights a €180 million deficit in the Lifelong Learning Programme budget, with €90 million needed to meet commitments to Erasmus students, as well as a shortfall of €102 million for researchers supported by the Marie Curie Actions. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_MEMO-12-816_en.htm |
| Subject Categories | Culture, Education and Research |
| Countries / Regions | Europe |
