Erasmus+ stays bring Austria almost 40 million euros in revenue

12. July 2018
On behalf of the National Agency Erasmus+ Education (OeAD-GmbH) the Institute for Advanced Studies (IHS) investigated the effects on the economy of the approximately 14,000 people who applied for an education-related stay in Austria in 2014 (incomings).

n 2014 (incomings). In 2014 they spent 39.2 million euros. "Even when you consider that Austria as a net contributor pays more into such an EU programme than it gets our country benefits from the Erasmus+ incomings", the OeAD’s Director General Stefan Zotti is pleased with the study results.

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