Oettinger, who was endorsed as the new budget Commissioner on Thursday, said Horizon 2020 will get a €200 million increase, half the amount the Commission proposed last September.
Research groups were disappointed at the announcement, which still has to be cleared by the European Parliament. Horizon 2020 is due to get the extra money as part-compensation for the €2.2 billion that was taken from the programme in 2015 to fund the Commission’s Juncker Plan investment fund.
Source and more information:
http://sciencebusiness.net/news/80075/EU-governments-slash-Horizon-2020-top-up-in-half