On 29 September, the European Council finalised its position on the proposed regulation establishing Horizon Europe, the EU framework programme for research and innovation for the years 2021 to 2027 (Horizon Europe regulation) and on the proposed decision on the specific programme implementing Horizon Europe (specific programme decision).
The main outstanding issue of the Horizon Europe regulation agreed upon concerns the internal break-down of Horizon Europe’s budget, including funds to be made available under the EU recovery instrument entitled the Next Generation EU (NGEU). The Council has also agreed on provisions regulating international cooperation and the association of third countries to Horizon Europe as well as provisions ensuring synergies with other EU funding programmes.
The Horizon Europe regulation, proposed by the Commission in June 2018, establishes the EU framework programme for research and innovation for the years 2021–2027. It lays down the objectives, the budget, the forms of EU funding and the rules for providing such funding in the field of research and innovation.