11/10/12 15:34 CET
| updated xx mn ago
| updated at xx
The fiesta is over. In 2013, the Spanish ministry of education will slash 60% from its contribution to Erasmus financial aid for Spanish recipients, a cut close to 21.5 million euros.
Between 2011 and 2013, the cumulated decrease will amount to 75% of the budget (47.5 million euros). In the meantime, the overall budget for education will have been cut 31%.
In 2013, each Erasmus scholarship recipient will recieve between 100 and 120€ per month from the ministry, a spokesperson said.
Two others contributors fund the Erasmus financial aid scheme. The European Union gives 133€ per month to Spanish recipients. Autonomous communities of Spain also help their students; for instance Catalonia gives local recipients 200€ a month.
Spain, with almost 36,200 recipients is the country that sends the most students in Europe. It is, however, also the country that welcomes the most Erasmus students, about 37,500 per year.
- 1Italian actor Bud Spencer dies at 86
- 2What will Brexit mean for EU migrants to the UK and British expats?
- 3Lionel Messi retires from international football
- 4Paris and Berlin agree on a strategy following Britain’s shock exit vote
- 5Iceland’s new President Gudni Johannesson off to France for the football
Wires > News
- 11:12 CET U.N. urges Sri Lanka to rein in military, prosecute war crimes
- 11:07 CET Merkel vows to strengthen EU, tells UK no ‘cherry-picking’
- 11:00 CET Grenade attack on Malaysian pub wounds eight, police rule out…
- 10:40 CET Analysis: U.S.-UK alliance seen outweighing Brexit trade concerns
- 10:14 CET No Syrian government attacks on Aleppo, Raqqa seen soon – Ifax…
- 04:09 CET Empty houses and jobless maids – Indonesia’s expat exodus gathers…
- 01:29 CET Exclusive – U.S. to downgrade Myanmar in annual human trafficking…
- 01:18 CET Insight – Pakistan’s new military courts challenged over abuse…