Germany's parliamentary budgets committee has agreed to increase funding for the German Academic Exchange Service (DAAD) by €7 million in 2015.
The extra funding amounts to about 1.6 per cent of the DAAD’s 2013 budget, which was €430m. It was agreed in a committee meeting on 12 and 13 November.
The DAAD is funded mostly by the foreign ministry, the ministry of education and research, the ministry of cooperation and development, and the EU.
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