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Parliamentary report calls for more Horizon 2020 funds

A report published by the European Parliament assessing Horizon 2020 has called for additional funding to maintain success rates, as well as closer scrutiny of the European Fund for Strategic Investments.

The document, commissioned by the European Parliament’s Committee on Budgets and conducted by the Commission’s directorate-general for internal policies, assesses the first two years of Horizon 2020.

The report recommends additional financial resources should be considered to help Horizon 2020 overcome obstacles caused by the backlog of the EU budget. It says that this backlog is causing artificial delays in implementation such as fewer projects and extended deadlines. 

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