Wednesday, 13 July 2011

Europe lines up hefty science-funding hike

Like many governing bodies, the European Union (EU) has entered an era of austerity, with one striking exception: scientific research. Under a proposal released on 29 June by the European Commission, the executive body of the EU, spending on research and innovation would rise by about 45%, from €55 billion (US$80 billion) over the current 2007–13 period to €80 billion in 2014–20.

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