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ECTS is an outcome of the European Community project initially established under the ERASMUS Programme (1988-1995). It was developed more broadly between 1995-1999 under the higher education component of the SOCRATES Programme, ERASMUS, and proved to be an effective tool for creating curricular transparency and facilitating academic recognition. The activity of ECTS is twofold: on the one hand, it guarantees academic recognition to students of studies completed abroad and furthermore enables studies abroad; on the other hand, it provides higher education institutions with curricular transparency by offering detailed information regarding the respective curricula and their relevance in terms of an earned degree and by enabling higher education institutions to preserve their autonomy and responsibility for all decisions regarding student achievement. The Bologna Declaration takes ECTS as the common framework for curriculum design and student mobility within the envisaged European Higher Education Area.

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