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Home > EU Funding news > News

Friday, February 17, 2012

The European Union must regain sustainable growth.

The EU Competitiveness Council will have its first official meeting on February 20-21st 2012, and will discuss the strengthening of the single market and the future Framework Programme for Research and Innovation, Horizon 2020.

On 20 February, the ministers will discuss the key initiatives in the Single Market Act to boost growth, particularly the following files:

- The Accounting Directives

- Regulation on European Venture Capital Funds and regulation on European Social Entrepreneurship Funds

- Public Procurement Directive (EU regulation on public contracts)

The next day, the research and innovation ministers will meet and continue to focus on the growth agenda. They will follow up on the informal discussions for the EU’s new research framework programme Horizon 2020, which has a proposed budget of EUR 80 billion - making it the world’s largest publicly-financed research programme.

Furthermore, the ministers will discuss how the EU can move towards a sustainable bioeconomy, which can create new growth and business opportunities for the Union’s business community.

Other items on the agenda include future efforts within smart regulation in the EU, the Annual Growth Survey for 2012, the value of space and the European Institute for Innovation and Technology.

Source Danish Presidency News

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