ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
After hours of negotiations, European leaders on Feb. 8 agreed on a seven-year budget that sets R&D funding in the region at 71 billion euros ($95 billion), some 9 billion euros ($12 billion) short of the funds requested by the administrative arm of the European Union. The region’s total budget for 2014–20 came in at 908 billion euros ($1.2 trillion), which is about 3% less than that for the current seven-year period. These figures are not yet set in stone, however. European Parliament must still vote to approve the budget. That process may not go smoothly. For example, a group of parliamentarians has released a statement saying it cannot accept the budget deal as it is. Although the research budget could have undergone even more drastic cuts, the current reduction is a particular letdown to those who had lobbied heavily last fall for full funding of the region’s R&D portfolio, called Horizon 2020. Lobbyists had launched a petition against potential cuts, which received more than 150,000 signatures and included the support of 44 Nobel Laureates.
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter