Skip to content

€9.61 Billion approved for H2020 2015

Horizon2020The European Parliament has approved the EU’s budget for 2015 and the top-up to the 2014 budget at a plenary session in Strasbourg this week.

The budget allocated to Horizon 2020 in 2015 is 9.61 billion EUR for commitments and 9.02 billion EUR for payments, which is an increase of 45 million EUR on the European Commission’s draft 2015 budget. This increased budget will be used to meet outstanding payments from FP7/H2020 projects.

Negotiators from the European Parliament and the Council of the EU reached a provisional agreement on the 2015 budget on 8 December and the full Parliament’s approval means that the Commission can now start to cover unpaid bills for 2014. Overall the EU’s 2015 budget is 145.32 billion EUR for commitments and 141.21 billion EUR in payments and an extra 4.25 billion EUR for unpaid bills in 2014.

Additional Information

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: