Wednesday, 19 July 2017 09:24

EU: Finance ministers demand for a reduction in the research budget of almost half a billion Featured

The finance ministers of the EU member states are demanding to reduce the EU budget for investment in research and innovation next year by 491.47 million euros. This decision would be most unfortunate, since two-thirds of EU prosperity has been achieved by research and development in the EU over the past 20 years. This should not be ignored during discussions about competitiveness of the region.

While the EU Commission itself has produced a report, written by Pascal Lamy, which recommended a doubling of investment in research and development, the finance ministers of the member states would like to cut off precisely this branch on which they are sitting.

Strong criticism therefore came as expected, among other things from the University Rector's Conference.

A conference on investments in research and innovation will be held on the 6th of September between 3 pm and 5.30 pm in Brussels. Speakers are for instance Carlos Moedas, EU Commissioner for Research, Science and Innovation, as well as Luc Soete from the EU Expert Committee on Research, Innovation and Science, Politics, and others.

For more information on the conference, please contact Lysiane Pons at +32 2 880 30 43.

Source and further information:
https://www.hrk.de/presse/pressemitteilungen/pressemitteilung/meldung/eu-haushalt-hochschulen-kritisieren-kuerzungsplaene-bei-forschungsinvestitionen-4192/
http://sciencebusiness.net/events/2017/innovation-matters-debating-priorities-for-a-competitive-europe/