21/10/2002 (Agence Europe) - "The European Union's highly successful student exchange programme provides young people with invaluable opportunities and should be extended", declared the leader of the Liberal group at the European Parliament, Graham Watson. During the ELDR Congress in Bath, Graham Watson introduced the President of the EP, Pat Cox to three Erasmus students from Bath University. Pat Cox stressed that, "Of the many costs in the EU budget, investment in exchange schemes like the Erasmus is among the least. But in terms of its positive effects, it is among the best. Schemes like Erasmus produce lifetime results".