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Global Trade Alert

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EU: Approval of EUR 95.5 billion Horizon Europe for funding RDI projects until 2027

Description

On 12 May 2021, the EU adopted Regulation (EU) 2021/695 that establishes the Horizon Europe programme with a EUR 94.1 billion (approx. USD 113.6 billion) budget for the 2021-2027 period. The programme...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 May 2021

Revocation date

31 Dec 2027

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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