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H2020 to receive extra €200M – and not €400

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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.

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