EU Council presidency proposes €167.9 billion Horizon Europe budget, 4% below Commission's plan
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By Ole Ellekrog and Martin Greenacre
Summary
The Cypriot presidency of the EU Council has proposed a €167.9 billion budget for Horizon Europe as part of the bloc's 2028-34 long-term budget negotiations. This figure represents a 4% cut compared to the European Commission's original proposal, with Horizon Europe and the European Competitiveness Fund (ECF) facing the largest reductions. The so-called "negotiating box" serves as a starting point for discussions among EU leaders at a June 18-19 meeting.
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bskyEU Council presidency proposes €167.9 billion Horizon Europe budget, 4% below Commission's plansciencebusiness.netKey quotes
· 3 pulledThe Cypriot presidency of the EU Council has published its figures for beginning talks between governments over the bloc's next long-term budget, for 2028-34.
These would see Horizon Europe and the European Competitiveness Fund (ECF) hit particularly hard, with 4% cuts across the board relative to proposals from the European Commission.
The so-called negotiating box, which is a first basis for discussions at a meeting of EU leaders on June 18-19, puts forward €167.9 billion for Horizon Europe.
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