15 Dec 2020 | News
Final details of EU’s €26B education programme settled
EU funding for education and student exchanges will be bigger than ever, but money may be stretched over parts of the Erasmus+ programme and the innovation agency EIT
The European Parliament and the Council on Friday reached agreements on final details of the EU’s next €26 billion education programme Erasmus+, and funding of almost €3 billion for the European Institute of Innovation and Technology (EIT).
In parallel, the agreement of the next research programme, Horizon Europe was finalised. EIT’s €3 billion includes a €279 million top up from a €4 billion pot of antitrust fines.