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EU may ask for €33bn boost to R&D in low-spending nations

Proposal calls for countries spending less than average to stump up 50 per cent more

EU member states spending less than the bloc’s average on R&D could be asked to spend some €33 billion more a year by 2026 under a European Commission proposal.

The Commission has proposed setting a target for such countries to increase their spending by 50 per cent over five years from 2021. This would be a voluntary target: even if adopted by national governments, no sanctions would be applied if countries did not meet it.

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