Many Members of the European Parliament will be disappointed that despite setting out a tough negotiating stance, they were unable to protect the Horizon 2020 and CEF budget.
Though the consolidated text is not available, reports indicate that 2.2 billion euros will be committed from the Horizon 2020 research budget. This is a reduction of 500 million euros from the original commitment with 500 million euros also being saved from CEF.
The trialogue negotiations have
protected a total of 1 billion euros from Horizon 2020 and CEF, which means 1
billion will be found in the margins of the EU budget to compensate.
