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Parliament Seeks €200 Billion for Horizon Europe

April 28, 2023

1 min read

Key Takeaways

European Parliament seeks €200 billion for Horizon Europe.
European Commission proposed €175 billion.
Funding is for 2028-34 EU budget.
Parliament adopted position on April 28.

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Strategic Implications

This decision may indicate the European Parliament's commitment to enhancing research and innovation capabilities. The increased funding could suggest a focus on driving economic growth and competitiveness, which may have implications for the EU's position in the global research landscape.

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What Happened

European Union Boosts Research And Innovation Funding

The European Parliament has formally agreed to seek more ambitious funding for the 2028-34 version of the EU’s Horizon Europe research and innovation programme. The Parliament is calling for a €200 billion budget, exceeding the European Commission’s proposed €175 billion. This move is part of the Parliament’s position on the overall 2028-34 EU budget, adopted on April 28. The development was reported by Research Professional News.

Companies Mentioned

European Commission European Parliament Clarivate

Topics

Research Funding Innovation EU Budget European Union

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Parliament Seeks €200 Billion for Horizon Europe

April 28, 2023

1 min read

Key Takeaways

European Parliament seeks €200 billion for Horizon Europe.
European Commission proposed €175 billion.
Funding is for 2028-34 EU budget.
Parliament adopted position on April 28.

Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.

Silver membership required Upgrade to Silver to access Key Takeaways.

Strategic Implications

This decision may indicate the European Parliament's commitment to enhancing research and innovation capabilities. The increased funding could suggest a focus on driving economic growth and competitiveness, which may have implications for the EU's position in the global research landscape.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.

Silver membership required Upgrade to Silver to access Strategic Implications.

What Happened

European Union Boosts Research And Innovation Funding

The European Parliament has formally agreed to seek more ambitious funding for the 2028-34 version of the EU’s Horizon Europe research and innovation programme. The Parliament is calling for a €200 billion budget, exceeding the European Commission’s proposed €175 billion. This move is part of the Parliament’s position on the overall 2028-34 EU budget, adopted on April 28. The development was reported by Research Professional News.

Companies Mentioned

European Commission European Parliament Clarivate

Topics

Research Funding Innovation EU Budget European Union