Press Release: Commission approves EURO 880 million for forward looking and more flexible research

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Series Details IP/01/1434 (17.10.01)
Publication Date 17/10/2001
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The European Commission adopted on 17 October 2001 a proposal by Commissioner Philippe Busquin to allocate €440 million from the EU research budget to one of the key innovative elements of the EU's future action: “Anticipating the EU's scientific and technological needs”. This will cover two areas: research to help improve important policies such as agriculture, fisheries, public health, consumer protection as well as aspects of environmental, transport and energy policies; and research on the emerging fields of science and technology at the frontiers of knowledge. The proposal builds in flexibility by providing for a further €440 million to be allocated at a later stage as needs develop and and new subjects emerge.

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