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Member states are being told not to cut budgets for R&D or education in the European Commission’s New Year prescription for economic recovery, unveiled yesterday (12 January).

Presenting the first Annual Growth Survey, European Commission President Jose Manuel Barroso said, “We face a simple choice: a decade of debt or a generation of growth. All the tools should be used to do the job.”

One such tool is research, and national governments are being encouraged not to cut R&D funding as part of austerity moves to reduce their deficits. “All member states should primarily adjust their expenditure, while protecting growth-friendly expenditure especially education, research and innovation,” said Olli Rehn, Economic and Monetary Affairs Commissioner.

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Author: Anna Jenkinson