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Central European University given €550m as it opens Vienna campus

 Image: Central European University [CC BY 2.0], via Flickr

Funding boosted as Hungarian government forces university to move many of its activities

The philanthropic organisation Open Society Foundations has pledged an additional €550 million to Central European University, OSF’s founder George Soros (pictured) announced on 15 November at the inauguration of CEU’s new campus in Vienna.

The injection comes as the university prepares to move most of its activities to the campus from Budapest, after Hungary’s government passed a law preventing CEU from awarding degrees accredited in the United States.

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