Guy Verhofstadt, former Belgian prime minister and now president of the liberal ALDE group in the European Parliament, on Wednesday underlined the need for close EU monitoring of the government budgets of the member states of the European Union, saying he does not agree with late amendments by the Polish presidency of the union to give back the monitoring authority to European member states, instead of giving these powers to the European Commission, the executive body of the union.
The current round of ICT research funding is known as FP7, or the Seventh Framework Programme. It's the type of research money that has helped for example develop the GSM mobile phone technology that now is in use globally.