On 11th December the European Parliament and the EU Council reached a deal on the final details of the EU’s next research programme, Horizon Europe.

The agreement means Horizon Europe will be able to start without delay, on 1 January 2021.

The new EU research and innovation programme will have a budget of around €95.5 billion for 2021-2027 (current prices). This includes €5.4 billion (current prices) from NextGenerationEU to boost our recovery and make the EU more resilient for the future, as well as an additional reinforcement of €4.5 billion (current prices). This represents a 30% increase vis-à-vis the current research and innovation programme, Horizon 2020 (comparing Horizon Europe against Horizon 2020 for EU27, in constant prices) and makes it the most ambitious research and innovation programme in the world.

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