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EU student exchange fund empty

03.10.12 @ 09:20

  1. By EUOBSERVER

The EU's student exchange programme Erasmus is out of money due to cuts made by member states to the 2012 budget, reports AFP. French centre-right MEP Alain Lamassoure, who heads the parliament's budget committee, told press on Tuesday that "the European social fund is bankrupt and can't refund member states."

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