Commission proposes €80bn for Horizon 2020

The next Framework Programme – Horizon 2020 –  will be worth €80.2 billion if the European Commission gets its way, the proposal for the 2014-2020 EU budget has shown.  This would represent a 46 per cent increase on the budget of Framework 7, which runs from 2007 to 2013 and is worth about €56bn. In a statement announcing the budget proposal, the Commission said that the increase is meant to boost Europe’s economy and shows a lasting commitment to research, science and innovation.