Erasmus Programme by Erasmus exchange programme students, and is headquartered in Paris. The forum is based on the principle of participatory journalism. As of July 2013 it had over 16,000 registered members, up to 1,500 contributors and 20 ‘local offices’ writing about Europe as they see it. Volunteer contributors simultaneously translate the forum into six languages – French, English, German, Italian, Spanish and Polish. Erasmus Programme The Erasmus Programme ("EuRopean Community Action Scheme for the Mobility of University Students") is a European Union (EU) student exchange programme established in 1987. Erasmus+, or Erasmus Plus, is the new programme combining all the EU's
Economic Adjustment Programme for Portugal package. In January 2013, the European Commission approved, under EU state aid rules, a rescuing recapitalisation totalling €1.1 billion granted by Portugal to Banco Internacional do Funchal S.A. (Banif) for reasons of financial stability. The Portuguese Republic committed to provide a far-reaching restructuring plan for Banif by 31 March 2013. Economic Adjustment Programme for Portugal The Economic Adjustment Programme for Portugal, usually referred to as the Bailout programme, is a Memorandum of understanding on financial assistance to the Portuguese Republic in order to cope with the 2010–14 Portuguese financial crisis. The three-year programme was signed in May 2011 by the