The overall funding for research and innovation in Europe needs to be increased. Therefore an adequate ring-fenced budget should be provided for Horizon Europe, the next EU Framework Programme (2021- 2027). In Factsheet on the Need to Increase Funding for Research and Innovation (September 2018) Science Europe illustrates some of the reasons why.
Read on: https://www.scienceeurope.org/wp-content/uploads/2018/09/Horizon-Europe-Factsheet-Funding.pdf