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In view of the upcoming trilogues between the three European institutions, Science Europe invites all parties to consider a series of elements to further improve the legislative package for Horizon Europe. The budget of €120bn proposed by the European Parliament is a very welcome proposal and should be taken up by the Council in the next Multiannual Financial Framework. Moreover, fundamental research must be included in all parts of the programme, including the European Innovation Council.

In this joint statement research and Innovation stakeholders call on the EU institutions to seek a balanced approach to data sharing in response to the European Commission’s proposal for a revision of the Directive on re-use of public sector information (PSI Directive). While the partners are supportive of the European agenda to promote Open Science and innovation, and share a common commitment to the principle of making research data ‘as open as possible and as closed as necessary’, there is a need to focus on the optimal re-use of research data and not on the (unconditional) opening of such data.

The overall funding for research and innovation in Europe needs to be increased and an adequate ring-fenced budget should be provided for Horizon Europe. In this factsheet Science Europe illustrates some of the reasons why.

The European Commission proposal for Horizon Europe falls short of acknowledging the importance of fundamental research. This factsheet demonstrates the essential role fundamental research plays, not only for research, but also for innovation.