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EU countries advised to invest in R&I to boost their economies

 Image: Malorny, via Getty Images

Lack of investment has contributed to slower productivity growth in recent decades, Commission says

EU countries should increase their investments in research and innovation and implement “ambitious” R&I reforms to improve their competitiveness, the European Commission has said.

A lack of investment in R&I has contributed to slower productivity growth since the early 2000s, the Commission said on 19 June when presenting the European Semester Spring Package, a set of general and country-specific advice for boosting economic growth.

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