The member states are finally able to make targeted investments in R&D without requiring approval from Brussels, as the European Commission has finally adopted state aid exemption rules for research. It’s possible to spend EU structural funds to co-finance Horizon Europe partnerships and research projects that receive the European Commission’s seal of excellence.
The changes will enable investments in new technologies, for Europe to become a climate-neutral continent by 2050, and to digitise its economy. The new rules will also help companies in need of funding to combat the economic effects of the coronavirus pandemic.
Source: Florin Zubașcu, Science Business
Picture: Science Business