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The European Council is seeking enormous cuts to the 2018 EU budget proposed by the European Commission, including taking almost half a billion euros from Horizon 2020.
The Council’s proposal, published on 12 July, lops €750 million off the Commission’s proposed 2018 budget for competitiveness, economic growth and jobs. This would include €491m from Horizon 2020, the Council plans reveal.
If national governments get their way, Horizon 2020 will have a budget of €10.6bn in commitments in 2018, as opposed to the €11.1bn proposed by the Commission. The programme’s 2017 budget is €10.3bn.
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