Summary
The European Parliament has given consent to an amendment that allows the recycling of unused research funds to bolster the Research Fund for Coal and Steel. This measure aims to compensate for declining investment yields and ensure continued support for innovation in these sectors. 10 20.04.2018
Other
energy
economy
finance
environment
research and intellectual property
Key points
- The proposal addresses declining budgets in the Research Fund for Coal and Steel due to low investment returns.
- The amendment aims to align the fund's management with standard European Union financial rules.
- New rules will be applied regarding the repayment of amounts that were unduly paid.
- The measure allows for the recycling of approximately 40.3 million euros in unused funds to support research projects.
Documents (PDFs)
RECOMMENDATION on the draft Council decision amending Council Decision 2003/76/EC establishing the measures necessary for the implementation of the Protocol, annexed to the Treaty establishing the European Community, on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel
Implementation of the Protocol on the financial consequences of the expiry of the ECSC Treaty and on the Research Fund for Coal and Steel ***
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