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24 May 2018

Commission proposes €12.5 billion for R&I in 2019 EU Budget

On 23 May 2018 the European Commission proposed the 2019 draft EU Budget of €166 billion in commitments, corresponding to a 3% increase over 2018. The proposal focuses on investing in a stronger and more resilient European economy and promoting solidarity and security on both sides of the EU's borders.

Commissioner Günther H. Oettinger, in charge of Budget and Human Resources, said: “We are proposing an ambitious budget that continues to support our priorities, in particular on investment, jobs, youth, migration, solidarity and security, and that delivers European added value for our citizens. We need stability for the EU and I look forward to reaching an agreement with Parliament and Council as soon as possible."

Under the heading  „Boosting the European economy“ the EC proposes €12.5 billion (+8.4% over 2018) for research and innovation under Horizon 2020, including €194 million for a new European High Performance Computing Joint Undertaking.

The proposal is based on the premise that the United Kingdom, following its withdrawal as of 30 March 2019, will continue to contribute to and participate in the implementation of EU budgets until the end of 2020 as if it were a Member State.

The European Parliament and the European Union Member States will now jointly discuss this proposal. Earlier this month, the Commission put forward its proposal for a long-term budget for the 2021-2027 period.

For more information:

EC News

Budgetary Documents

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