What Happened
Research Funding Faces Slight Reduction Amid Budget Adjustments
The European Commission has proposed a 1.1% annual decrease in the budget of the EU’s research and innovation programme, Horizon Europe, for 2027. The proposed budget of €12.838 billion represents a drop of €155 million from the 2026 budget. However, the Erasmus+ programme for academic mobility and cooperation would receive a 5.47% increase. This development was reported by Research Professional News.