The European Union's research budget has hit a record high, including a major increase for funding for blue-skies research.
The latest round of annual funding from the European Commission's Seventh Framework Programme will see overall spending increase by more than 9 per cent to €7 billion (£6.2 billion).
Funding for the highly regarded European Research Council, which finances "frontier" research, will rise by 23 per cent to €1.6 billion.
Jerzy Langer, professor of physics at the Polish Academy of Sciences, said that in terms of money received versus investment, UK researchers were the "true financial winners".
Commenting on the considerable increase in funding for the ERC, he said it was "a triple miracle".
To read the full, original article click on this link: Times Higher Education - 'Triple miracle' sees huge rise in EU funds for frontier research
Author:Jack Grove
