Government approves 25.9 billion for research and development

26-06-2012

The government has approved 25.9 billion crowns for research, development and innovation next year. The same amount, which comes from the state budget, was also approved for the 2014 and 2015. The decision means a cut of roughly 700 million from 2012 that the Academy of Sciences has criticised, saying it will entail additional cuts of 300 million for its activities from year to year. The government says that the plan is in accordance with its long-term work to retain from cutting science funding in spite of budget restrictions in other areas.