EU Needs Investments for Growth

Politics ♦ Published: November 28, 2013; 09:55 ♦ (Vindobona)

Europe will not see any substantial growth without serious investment in research and innovation.

EU Needs Investments for Growth / Picture: © Vindobona.org

Europe will not see any substantial growth without serious investment in research and innovation. The EU will do its part by investing €70.2 billion as part of Horizon 2020, its special programme to support research and innovation. Its share of the EU's budget has gone up from 5% for the previous seven-year budget to just over 7% for the upcoming one. Check out our chart to learn more…