News & AnalysisScientific Funding

Is €80 Billion on the Horizon for European Research?

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Science  09 Dec 2011:
Vol. 334, Issue 6061, pp. 1331-1333
DOI: 10.1126/science.334.6061.1331

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Summary

At a press conference on 30 November, research commissioner Máire Geoghegan-Quinn presented a proposal to increase overall E.U. research funding from roughly €57 billion for the current 7-year period (2007–13) to €80 billion ($108 billion) for 2014 to 2020. The European Commission, the E.U.'s executive body, is urging the union's 27 member states to invest this sum in a broad-ranging program dubbed Horizon 2020 that will include basic science, postgraduate training, and near-market product development. Research advocates welcome the European Commission's commitment to funding science, but Horizon 2020 must still be approved by the European Parliament and E.U. member states, represented by the budget-conscious Council of Ministers.

  • * With reporting by Daniel Clery.