CORDIS Archive

Commission proposes 5th FWP budget

A budget of ECU 16.3 billion has been proposed by the Commission to finance activities under the Fifth RTD Framework Programme for the period 1998-2002 representing a real growth in the proportion of Community GNP devoted to research compared to the ECU 13.2 billion allocated to the Fourth Framework Programme (1994-1998).

The draft budget completes the Commission's formal proposal for the Fifth Framework Programme adopted in April 1997 enabling Parliament and Council to now press ahead with the adoption of a legislative decision which is scheduled for the first half of 1998. The Commission's original proposal only gave a percentage breakdown of resources - as opposed to actual amounts - in anticipation of the new Community financial perspectives for the period 2000-2006 which were adopted on 15 July in the "Agenda 2000" document.

Of the ECU 16.3 billion proposed, a sum of ECU 14.833 billion is to be reserved for RTD activities under the EC Framework Programme with the remaining ECU 1.467 billion going to research and training activities in the nuclear sector under the Euratom Framework Programme.

These proposed figures represent the maximum level of funding available for activities under the Fifth Framework Programme. Resources would be allocated each year under the Community budget within these limits.

Proposed budget for Fifth Framework Programme (EC)

NB These figures do not constitute the definitive Fifth Framework Programme budget. They are part of the Commission's overall proposal which may be changed by the European Parliament and the Council - the two institutions responsible for adopting the Fifth Framework Programme.