News

Today the European Parliament, the European Union presidency and the European Commission sealed a long awaited deal on the EU budget for 2007-2013. The budget for the upcoming five years will be of about 866.3 billion euros – far bellow from the 1,025 billion euros initially proposed by the Commission but still a noticeable improvement if compared with the 862,3 billion euros agreed in the last EU summit.

The new integrated lifelong programme will benefit from an increase of about 800 million euros which should allow for an additional 40.000 students participating in european exchange programmes.

External links:
European Parliament article the deal on the budget 2007-2013