What is COSTs budget?
The Council Decision of 19 December 2006 concerning the Specific Programme “Cooperation” implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) ( 2006/971/EC) sets aside a minimum of EUR 210 million in Annex II and up to EUR 250 million for COST, subject to a positive mid term evaluation. The mid term evaluation panel did recommend to the European Commission that ‘the appropriate process be put in place to allocate the additional EUR40 million reserved in FP7 for COST’ and a decision from the European Commission is pending.