News archive - EU heads of state agree on Horizon Europe budget deal
EU heads of state agree on historic budget deal, but partly at the cost of research funding, despite science’s role in fighting COVID-19. Critics say the Horizon budget became a ‘cash cow’ during budget talks. Read the article by Science Business about the deal.
EU leaders agreed on a pared-back budget of €80.9 billion for the Horizon Europe research programme.
As reported by Science Business, the final figure is significantly lower than a proposal of €94.4 billion put forward by the European Commission in May, as the budget for the R&D programme has been cut multiple times throughout the summit.
In real terms, the final Horizon Europe budget is very close to funding levels of its predecessor if the UK’s contribution to the Horizon 2020 budget is also taken into account. According to figures that exclude the UK, presented by the commission, the EU allocated €67.06 billion to Horizon 2020 (in 2018 prices). The total budget of the programme, if Britain’s contribution from 2014 is included, is €76.26 billion.
In the end, the core programme of Horizon Europe will be allocated €75.9 billion and a €5 billion boost from the pandemic recovery fund.
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Entry created by Admin WBC-RTI.info on August 3, 2020
Modified on August 18, 2020
