Finance ministers want 3% R&D target ditched

EurActiv reports that EU Finance Ministers are fighting against the European Commission's EU 2020 target of spending 3% of GDP on research and development (R&D), demanding a new 'outcome-oriented' measure of success. Report of Council Conclusions on Europe 2020 adopted at the EcoFin Council, Brussels, 16 March 2010

Council of the European Union: Press Release, 16.3.10: Council conclusions on Europe 2020 http://www.consilium.europa.eu/uedocs/cms_Data/docs/pressdata/en/ecofin/113395.pdf

ESO: Background information: Low R&D budgets 'threaten EU competitiveness' http://www.europeansources.info/record/low-rd-budgets-threaten-eu-competitiveness/

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