The big picture Once every seven years, the European Union decides its long-term budget: the Multi-annual Financial Framework (MFF). Negotiation...

In the mid-term review the Commission suggested an increase of €400 million for HORIZON 2020- EU's funding programme for research and innovation. However, Günther Oettinger, recently appointed to manage the EU's budget, said H2020 will in the end only receive €200 million. The money that is allocated presents a compensation for the €2.2 billion that was taken from the programme to fund Juncker Plan: The European Fund for Strategic Investments.