Univer­sity fund­ing.

Kathimerini English - - Front Page -

The Aris­to­tle Univer­sity of Thes­sa­loniki said yes­ter­day that its state fund­ing next year will not be enough to cover its over­heads. The rector’s of­fice is­sued a state­ment say­ing that, ac­cord­ing to the draft bud­get, the in­sti­tu­tion is due to re­ceive 11.9 mil­lion eu­ros next year, which is a 20 per­cent re­duc­tion on this year’s fund­ing. How­ever, it said that the univer­sity’s over­heads come to 18.5 mil­lion. The re­duc­tion means that be­tween 2009 and 2016, its fund­ing will have been re­duced by 73.5 per­cent.

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