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European Parliament opposes plan to divert funds from Horizon 2020

APR 21, 2015

DOI: 10.1063/PT.5.028810

Physics Today

Science : At the end of last year, European Commission president Jean-Claude Juncker proposed diverting €2.7 billion from Horizon 2020—the European Union’s €70 billion, seven-year research funding program—and using it for a new investment fund to boost Europe’s economy. Although supported by the EU member states, the plan sparked opposition from various research organizations. In February a group of Nobel laureates addressed a letter to Juncker, asking him to reverse what they called a “misguided and short sighted policy.” Now the European Parliament has also voiced its opposition to the plan. Negotiations among the three principals—the commission, parliament, and member states—are set to begin on 23 April.

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