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29 May 2015

LERU comments on EFSI agreement

The League of European Research Universities (LERU) has welcomed the fact that a provisional agreement on the European Fund for Strategic Investments (EFSI) was reached yesterday between the Council and EP negotiators. LERU says it is relieved that no money originally earmarked for the European Research Council, Marie Skłodowska-Curie Actions, and for spreading excellence/widening participation, will have to contribute to the EFSI.

The organisation explicitly thanks Commissioner Vice-Presidents Katainen and Georgieva, Commissioner Moedas and the European Parliament (EP) trilogue delegation for the efforts made to safeguard an important part of the excellence pillar of Horizon 2020. However, LERU is concerned about the fact that € 2.2 billion of the EFSI budget are still to come from Horizon 2020, which LERU considers to be "a bad and wrong signal". It is also highly critical of the "fast-track" legislative procedure in setting up the EFSI, as well as of the fact that the EIB has already decided on several potential EFSI projects before the EFSI has been formally established. LERU sees the principles of good governance as having been "heavily violated in this process". LERU is determined to closely monitor the application of the EFSI criteria and guidelines, and the selection of the supported projects, and to "stay vigilant in the annual budget negotiations and what they will entail for the H2020 budget".

For more information:

LERU - press release

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