Tuesday, 16 January 2018 10:10

EU Commission: Horizon 2020 be supposed not be cut back despite Brexit Featured

All Commissioners have unanimously agreed that neither the research budget nor the Erasmus students budget should be affect by cuts in the next funding period 2021-28. In contrast to this, however, other departments such as agriculture are to be slightly reduced as well as the contributions of the member states are to be increased.

As a result of the Brexit, the EU budget will be reduced by EUR 12 billion a year in the near future. Therefore, the Commission negotiated on how to close this funding gap.

The decision was taken unanimously. Slight cuts should be accepted for example, by common agricultural policy and cohesion funding for poorer countries, two programmes that between them absorb
around 70 per cent of EU cash. The contributions are expected to increase from 1.0 of the total EU gross national income to 1.1 per cent.

Source:
https://sciencebusiness.net/framework-programmes/news/commissioners-unanimously-agree-protect-research-cuts-2021-27-budget