European Parliament secures new EU budget with job-creating funds for R&D, SMEs and Erasmus.

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European Parliament secures new EU budget with job-creating funds for R&D, SMEs and Erasmus.

21.11.2013

European Parliament secures new EU budget with job-creating funds for R&D, SMEs and Erasmus.

After months of tough negotiations, the European Parliament has secured a new budget that limits the cuts and promotes job-creation. Despite a limited budget, the 7-year spending plan through 2020 calls for more funding for research and development through the Horizon 2020 program, the COSME program for SMEs and the Erasmus Plus education program.

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