As the liquidation process of the European Coal and Steel Community (ECSC) comes to an end, the revenue generated by its remaining assets has become too low to ensure sustainable financing of the Research Fund for Coal and Steel (RFCS), the European Court of Auditors announced on Thursday 26 September in a statement.
Since 2002, the RFCS, the European Union's specific research programme in the coal and steel sectors, has been financed by the revenue generated by the assets of the ECSC in...