Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-321-000"
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"en.20110927.26.2-321-000"2
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"The European Union has failed to confirm its status as the richest region in the world, based on funds allocated to research and innovation. This state of affairs is also attributable to the states which have recently joined the EU, which find themselves in the position of making significant efforts to manage revenues restricted by the economic crisis in areas with a short-term social impact.
Research and innovation produce results which are not seen immediately, but which make an impact on the future when they are carried out in an efficient environment. The total volume of European investments in research and innovation has actually grown in recent years, but has not made Europe more cohesive.
The level of investment varies hugely between countries. Only six countries currently invest more than 2% of GDP in research and innovation, 10 countries invest less than 1% of GDP, and the figure varies between 1% and 2% in the other 11 countries. Unfortunately, Romania features among the states which allocate less than 1% of GDP to research. I hope that the initiative of publishing a Green Paper on establishing a common EU strategic framework for research and innovation will boost this sector."@en1
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