The total proposed by the Commission for the budget, called the Multi-annual Financial Framework (MFF), is 1.025tn euros.

BBC: Closer union 'urgent' - EU Commission chief Barroso

He said Cyprus would try to broker an agreement on the EU's long-term budget - the Multiannual Financial Framework (MFF) - this year.

BBC: Cyprus begins EU presidency amid cash woes

It says there should be a common approach to research funding across member states when the next seven year MFF starts in 2013.

BBC: MEPs welcome Commission paper on research funding

The member states did finally agree on the 2013 budget in December, but the multi-year budget - officially the Multi-Annual Financial Framework (MFF) - is more complex, involving long-term priorities and financial commitments.

BBC: Gloom as EU budget talks resume in Brussels

Stambouli and Mali reached the semi-finals of the African Cup of Nations in Tunisia last month, but a spokesman from the MFF said that the Frenchman had decided against an offer of a new contract with the Eagles.

BBC: SPORT | Football | African | Stambouli to leave Mali

The paper - published by the Commission in February 2011 and known as "Horizon 2020" - sets out ways to give research and innovation priority in the EU's future funding guidelines, known as the Multi-annual Financial Framework (MFF).

BBC: MEPs welcome Commission paper on research funding