Mr. John Murphy:

The negotiations on the new multi-annual financial framework involved a process where different member states argued for different outcomes, as did the Parliament itself. We worked very hard to protect the budget in the context of the MFF and were very successful in that regard. In terms of what we can expect to achieve under Horizon 2020, we would be looking to increase our take from approximately €600 million under the existing programme to close to €1 billion in the next round. I am reluctant to describe it as a target because there is a lot of work remaining to be done. That, however, is the order of magnitude we have in mind.