MEPs quadruple the budget for Erasmus Mundus

MEPs give major boost to Erasmus Mundus, 22 October 2008.

Opening paragraphs:

The European Parliament yesterday (21 October) agreed to quadruple the budget for the bloc's flagship academic mobility programme, which aims to attract highly-qualified students and professors from non-EU countries.

Building on the experience of the 20-year-old Erasmus programme, Erasmus Mundus, which targets non-EU countries, was launched in 2004 in a bid to restore Europe to a leading position on the international university scene (EurActiv 28/09/04).

The results of the pilot phase (2004-2008) have convinced MEPs to quadruple the project's budget from €230 million to €950 million for the next five years (2009-2013)...