EU investment in 2011 will be about 64 billion euros for research and innovation
BRUSSELS, July 19 (Xinhua reporters Wang Zhen) 19, the European Commission announced in Brussels, the EU will invest in 2011 approximately 6.4 billion euros for research and innovation in order to promote scientific and technological progress and create employment. This is by far the EU research and innovation in the launch of the largest annual investment plans.
the European Commission said in a communique, the 6.4 billion euros will cover research, public policy and business in the field, to help complete the research and innovation officer of great economic and social significance of cutting-edge projects, such as climate change, energy and food security, health and population aging.
the investment of more than 5.7 billion euros in 2010 increased by 12%, compared with EUR 4.9 billion in 2009 increased by 30%.
in the next 14 months, the EU will apply, after assessment for the financing of eligible projects. The European Commission is expected that the investment plan will stimulate economic growth, create over 165,000 jobs.
European Commission member responsible for research and innovation Mel Geoghegan - Quinn said that the EU investment in research and innovation can promote economic growth and social justice, and the EU out of crisis and sensible long-term choice, these funds will help to improve the quality of products and services in Europe to create a more competitive, more environmental protection, quality of life better social environment.
the European Commission announced new investment plans of the EU "Seventh Research Framework Programme (2007-2013)" an integral part. "Seventh Research Framework Program" The total investment amount of up to 53 billion euros.
