The document discusses the European Open Science Cloud (EOSC) which aims to provide European scientists with free and open services for storing, managing, analyzing and reusing research data across borders and disciplines. It outlines the EOSC's vision and two phase plan for financing and development, with Phase 1 until 2020 receiving €300 million from the European Commission and Phase 2 after 2020 establishing a sustainable financial structure. It also describes how national research organizations from over 30 countries are engaging with the EOSC, how it supports FAIR data principles, and its high-level architecture involving service providers, a portal, catalog and users.