A new, modern Multiannual Financial Framework for a European Union that delivers efficiently on its priorities post-2020

2018-02-21 01:03 PM

On 14 February, an EU communication addressed to the European Parliament, the European Council and the Council shows the importance of doubling the investment in research and innovation.

Doubling the Framework Programme to EUR 160 billion would create an estimated 650,000 jobs by 2040 and add around 0.46% to Gross Domestic Product over the same period. It would enable the EU to emerge as a global leader in large-scale research initiatives. Research and Innovationare crucial for the future and for advanced Economies like Europe. Read the communication.