European Council 28-29 June 2018
Regarding the area of research the European Council stated that Europe's high-quality research should be developed to create new products, services and business models across the EU. Access to financing and cooperation between research, innovation and education are essential.
The European Council invited the European Commission to launch a new pilot initiative on breakthrough innovation within the remaining period of Horizon 2020. It also confirmed the setup of an European Innovation Council under the next EU long-term budget, the Multiannual Financial Framework.