Commission allocates EU R&I programme €12.7 billion, a fall of €160 million on this year
The EU’s Horizon Europe research and innovation programme is in line for a year-on-year budget cut of €160 million under a European Commission proposal.
Horizon Europe should have a budget of just over €12.7 billion in 2025, says the proposal put forward on 19 June, down from around €12.9bn in the current financial year.