This is an overview of a Joint Research Project within the Scientific co-operation between Eastern Europe and Switzerland (SCOPES) Program of the Swiss National Science Foundation (SNFS) and Swiss Agency for Development and Cooperation (SDC). Within the SP2 SCOPES Project on Speech Prosody, in the course of the following two years, the four partners aim to collaborate on the subject of speech prosody and advance the extraction, processing, modeling and transfer of prosody for a large portfolio of European languages: French, German, Italian, English, Hungarian, Serbian, Croatian, Bosnian, Montenegrin, and Macedonian. Through the intertwined four research plans, synergies are foreseen to emerge that will build a foundation for submitting strong joint proposals for EU funding.