ADMINISTRATION 6bn euros RESEARCH 4bn euros OTHER 7bn euros FOREIGN AID AND FOREIGN POLICY 8bn euros REGIONAL AID 32bn euros AGRICULTURE 49bn euros INTRODUCTION

[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Full coverage

Cashflow Who pays what? Financial perspective

RESEARCH
The EU's spending on research and technical innovation dates back to the mid-1980s, when the US and Japan were seen recovering quickly from the post-1979 recession.

This was attributed partly to their adoption of new technology.

A simultaneous net outflow of investment funds from western Europe to the US raised fears that the EU could be left with an obsolete industrial base.

EU research funding gives priority to projects that bring together research centres, companies and universities from different member states.

PRODUCTS AND SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific