r/europe 2d ago

Data Non-EU countries receive more funding from European Innovation Fund than 2/3 of EU countries combined

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u/ConsciousStop 2d ago edited 2d ago

The UK is on that list because it's an associate member of Horizon Europe and contributes €2.4 billion annually into it.

Source: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_6327

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u/Mr06506 2d ago

So this post is trying to make this sound controversial whereas in reality the UK contributes 30x more than it gets back via this specific fund?

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u/lledaso 2d ago

This is indicative funding, it's what can be spent, not what is actually being spent. It's 93.5 billion € over 6 years, only 5% spent so far, the UK spends more that it gets, but not by as much as you say.