Universities forced to search for funding

Universities forced to search for funding

Austerity is putting new pressure on the education sector, with the University of Athens said to be considering delving into funding put aside for research to bankroll its operational costs.

“We will try to find our own funding to cover the educational needs of our faculties,” the university’s rector. Thanos Dimopoulos, told Kathimerini.

However, of the 10 million euros in funding set aside for the university by the state for this year, not a cent has been disbursed.

In view of this, university authorities are said to be planning to curb spending on the leasing of property and instead to exploit the institution’s own assets. Authorities are also being obliged to consider tapping a special fund containing money for research, Kathimerini understands.

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