EU Parliament votes to boost Erasmus+ budget by €7bn, defying frugal states

The European Parliament overwhelmingly backed a €7bn increase for the Erasmus+ student exchange programme in the next EU budget, challenging the budget caps preferred by net-contributor member states. The move sets up a confrontation with the Council over the Multiannual Financial Framework, though the final outcome remains uncertain. This signals parliamentary assertiveness on EU-level education spending, but has limited direct market impact.

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