Average annual funding for nuclear research is expected to grow almost 15% under the European Union's (EU's) planned Horizon 2020 program. Fusion programs account for nine-tenths of the budget.
Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 initiative aimed at securing Europe's global competitiveness. Running from 2014 to 2020 with an €80 billion ($104 billion) budget, the EU's new program for research and innovation is part of the drive to create new growth and jobs in Europe.
