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ASTRONET was created by a group of European funding agencies in order to establish a strategic planning mechanism for all of European astronomy. It covers the whole astronomical domain, from the Sun and Solar System to the limits of the observable Universe, and from radioastronomy to gamma-rays and particles, on the ground as well as in space; but also theory and computing, outreach, training and recruitment of the vital human resources. And, importantly, ASTRONET aims to engage all astronomical communities and relevant funding agencies on the new map of Europe.

The ASTRONET consortium, has eleven participants, Twenty one Associates and two Forum members at the moment. Romania is an ASTRONET associate member.

Starting January 2011, 1st, ASTRONET is funded as an ERA-Net by the European Commission at a level of 1.6 M under the FP7 initiative ┬źIntegrating and Strengthening the European Research Area (ERA)┬╗ for a duration of 48 months.