The EU institutions have agreed a 2017 budget that includes an 8.5 per cent increase for Horizon 2020—but MEPs failed in their attempts to secure a bigger rise.
The 2017 budget for Horizon 2020 will be €10.35 billion in commitments and €10.2bn in payments, the institutions agreed on 17 November. These figures respectively represent 8.5 per cent and 1.5 per cent increases compared with the 2016 Horizon 2020 budget.
The agreed 2017 commitments figure is about €50m more than the European Commission proposed in June. It represents a compromise between a member state request to cut the proposed amount by €100m, and the European Parliament’s desire to raise the collective budget for Horizon 2020 and an EU infrastructure programme (CEF) by €1.2bn.