Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-11-18-Speech-2-100"
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"en.20031118.3.2-100"2
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Sustained and increased investment in research is the best guarantee of success in attaining the targets the European Union has set for itself, which are to create a more economically dynamic, cohesive economic area based on knowledge. This will, therefore, be one of the best investments for our citizens’ future. This Commission Communication sets more ambitious targets than have been seen to date, by proposing measures intended to bring spending on research in the EU up to a level of 3% of GDP, with one-third coming from public funds and two-thirds from private funds. Today, this percentage stands at only 1.9%, which falls considerably short of the percentages seen in the United States (2.7%) and in Japan (3%), and reveals significant discrepancies within the Union itself. In order to achieve this aim, annual investment in research will have to be increased by 8%, in addition to the increase in the budgetary allocation that is needed in the context of the forthcoming accession of ten new countries.
This is also my view and I consequently voted in favour of the report."@en1
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