A contingency plan has been approved by the European Parliament to ensure EU funds are fully available to UK researches, students and farmers during 2020, if the UK leaves the European Union without a deal. This is of particular reassurance to the East Midlands with many of our institutions and students benefiting from Horizon 2020 and Erasmus + funding including the Universities of Nottingham and Lincoln.
The draft recommendations rely on the UK continuing to make contributions and acceptance of essential controls and audits.
In a press release by the European Parliament the stated aim of the move is to;
“minimise any negative impact that the UK’s withdrawal may have on beneficiaries of EU funding and on the European Union budget in the case of a no-deal scenario. The measure includes programmes such as Horizon 2020, Erasmus+ and agriculture and regional policies.”