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Europe bets R&D spending will bring jobs to battered economy

Ursula Von European Commission Eu president 2020 pandemic economy
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www.sciencemag.org
sciencemag.org:

European Commission President Ursula von der Leyen has proposed a €1.85 trillion budget that bets on science. By Nicholas WallaceThe European Union wants a massive dose of research spending to lift it out of what could be the worst recession in its history.

Last week, as part of a €1.85 trillion budget and pandemic recovery proposal, the European Commission, the EU executive arm, unveiled plans to pump €94.4 billion into research over 7 years, nearly €11 billion more than originally planned for the program, called Horizon Europe.

But not everyone thinks the money is the best medicine.The Commission says R&D spending will drive productivity, employment, and competitiveness.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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