The European Parliament says it will fight for the EU’s Horizon Europe R&D programme to have a budget of €120 billion, rather than the €83.5bn proposed by the Commission.
MEPs agreed their final position on the EU’s next multi-year budget on 14 November, including this demand for much greater funding for R&D. They want a Horizon Europe budget of €120bn in 2018 prices for 2021-27, which equates to €135bn when adjusted for inflation.
The European Commission has proposed a €94.1bn inflation-adjusted budget for Horizon Europe, or €83.5bn in 2018 prices.
The 2014-20 programme Horizon 2020 has a budget of €64.7bn in 2018 prices, according to the Parliament.
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