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Austrian funder cuts new grants to cope with inflation

               

FWF says giving €15 million less to new projects will safeguard existing grants

Austria’s national funder has slashed its budget for new projects by €15 million due to soaring inflation.

The Austrian Science Fund (FWF) said it had been forced to make cuts to planned 2023 spending as it needed to provide more support to ongoing projects hit by rising costs at universities and research institutions.

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