The new EU research priorities have been revealed on the 10th of June by the European Research, Innovation and Science Commissioner Máire Geoghegan-Quinn. There will be a strong emphasis on climate, energy and health issues. Small and Medium Entreprises, which have often criticized the EU for not being supported, are now brought to the center of these priorities.
The EU budget for research will be at the heart of the next EU budget negotiations. Amid the financial and sovereign debt crisis, this policy could be used as a leverage to support industrial growth in Europe. However the budget amount needs to be discussed as the Common Agricultural Policy still represents 48% of the EU budget, 50 billion euros in 2010.