Est. 2min 24-04-2006 (updated: 05-11-2012 ) Euractiv is part of the Trust Project >>> Languages: Français | DeutschPrint Email Facebook X LinkedIn WhatsApp Telegram The EU’s Research Ministers welcome the 40% increase of the EU’s research budget and expects to agree soon upon the allocation of the some 50 billion euro between the different sub-programmes of the FP7. In their first meeting after the recent deal with the Parliament on the EU’s financial perspective 2007-2013, which foresees a 40% increase in the EU’s research budget, the EU’s Science and Research Ministers focused on the distribution of funds between the FP’s four individual sub-programmes: Co-operation, Ideas, People and Capacities. “Following today’s meeting, I am very confident we will get an agreement among the member states in June,” said the Austrian Federal Research Minister Elisabeth Gehrer, who chaired the discussions of the informal competitiveness council on 21 April 2006. Some member states have expressed their wish to see, for example, more funds allocated to supporting SMEs (part of Capacities programme), at the expense of the European Research Council (part of the Ideas programme). However, according to Gehrer, an agreement seems “within reach” at the next meeting of Research Minister on 29-30 May 2006. The Commission proposes allocating 32 billion euro to the sub-programme entitled Co-operation, 7.5 billion to Ideas, 5 billion to People and 4.2 billion to Capacities. Read more with Euractiv First biosimilar drug gets EU market authorisation The EU has recently finalised its policy and legal framework for so-called biosimilars, opening the EU market for generic versions of biotechnology-derived drugs. The first such drug is about to enter the EU market. Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters Further ReadingEU official documents Austrian Presidency press release:Gehrer: Agreement on allocation of the funding for the biggest ever EU research programme within reach(21 April 2006) Press articles Les Échos:UE: les 25 proches d'un accord sur le budget recherche pour 2007-2013 Die Presse:Atom-Förderung wird verdreifacht Wiener Zeitung:Nicht nur eitel Wonne in Graz Der Standard:Atomförderung wird verdreifacht Vorarlberg Online:"Sensationelles Forschungsbudget"