EU launches €80bn R&D plan to cut red tape, create jobs and boost competitiveness
This article was originally published in Scrip
Executive Summary
At a time of deep economic gloom, with governments and investors retrenching and forecasters predicting years of "austerity" to come, the European Commission is bucking the trend and announcing a €80 billion programme of R&D investment aimed at shoring up the EU's long-term competitiveness.