German politicians agree to €5 billion extension of science funding

Nature : A deal between Germany’s ruling political parties would provide €5 billion ($5.4 billion) to extend the nation’s Excellence Initiative until 2028. Currently set to expire in 2017, the initiative provides funding to the nation’s top-performing universities and early-career researchers. Since 2006, the initiative has created 20 000 new science jobs. The details of the funding have not been finalized, but are expected to be released in January after a review of the performance of the initiative so far.