Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-25-Speech-2-405"

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"The European Institute of Technology has the ability to reduce innovation gaps between the European Union and its external competitors and to gain the interest of millions of young researchers all over Europe. In order to achieve these objectives, it is essential to ensure the feasibility of the project. The EIT, in the form proposed by the Commission, will use over 1.2 billion out of the funds designated for the cohesion policy and will draw from the resources of programmes that operate successfully in order to achieve the Lisbon strategy. This would mean centralizing the research funds into a single European project and reducing the financing possibilities open to private companies. The EIT should be a complementary innovation institution in Europe, not a substitute for small research and development centres. For this reason, together with the Council, we must find another financing formula for this project. One of the provisions in the report states the necessity for the institute to be established in a European Union country where there are “centres of European academic excellence and reputation”. As a country with an important research and innovation tradition, Romania possesses important academic centres and well-qualified series of graduates in technology. Selecting Romania as the host country for the European Institute of Technology would stimulate economic development in the entire region and would contribute to balancing the gaps still existing in the European Union."@en1

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