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The Knowledge-Sharing Platform

01 Dec 2016

Additional € 50m for Horizon 2020 in EU budget 2017 approved

Following the Council's formal approval of the conciliation agreement with Parliament on the 2017 budget on 28 November, Parliament approved the budget of commitment appropriations for 2017 total €157.8578 billion, and payment appropriations €134.49 billion on 1 December 2016.

For next year’s budget, MEPs have ensured better support for unemployed youngsters and additional funds to boost key initiatives supporting SMEs, transport infrastructure projects, research and Erasmus+. Additional €200 million were added to initiatives for growth and jobs like COSME, Connecting Europe Facility, Horizon 2020 and Erasmus+. Horizon 2020 will get an extra amount of €50m. The 2017 budget for Horizon 2020 will now be €10.35b in total.

EP Press Release

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