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European Commission adds €500 million to Horizon Europe for 2026-2027

European Commission said it is increasing Horizon Europe funding by €500 million for 2026 and 2027, bringing the two-year total to around €14.8 billion, to keep and attract top talent. Australia is also joining the programme.

80 million) in funding for its flagship science and general research programme called Horizon Europe, it said on Tuesday, as it aims to keep and attract top talent in the region. 8 billion, the Commission said in a statement. • The European Union has been trying to lure top academic talent away from the United States, given disaffection among some US academics with President Donald Trump's administration. • Last year, Reuters spoke to 13 European universities and research institutes that reported seeing an increase in US-based employees considering crossing the Atlantic, as well as half a dozen US-based academics pondering a move to Europe.

• Australia is also joining the Horizon Europe programme, marking the closer ties between Australia and the EU. com;)