Press Release: Commission points to innovation reforms to sustain economic recovery

On 10 June 2014, the European Commission highlighted the importance of research and innovation (R&I) investments and reforms for economic recovery in the European Union, and made proposals to help EU Member States maximise the impact of their budgets at a time when many countries still face spending constraints.

Increasing R&I investment is a proven driver of growth, while improving the efficiency and quality of public R&I spending is also critical if Europe is to maintain or achieve a leading position in many fields of knowledge and key technologies. The Commission has pledged support to Member States in pursuing R&I reforms best suited to their needs, including by providing policy support, world-class data and examples of best practice.

• Primary Source

ESO: Background information: Financial regulation: European Commission presents a first comprehensive review of the EU's reform agenda http://www.europeansources.info/record/press-release-financial-regulation-european-commission-presents-a-first-comprehensive-review-of-the-eus-reform-agenda/

European Commission: RAPID: MEMO/14/405: State of the Innovation Union - Taking stock 2010 – 2014 http://europa.eu/rapid/press-release_MEMO-14-405_en.pdf

European Commission: Innovation Union: Key Documents: State of the Innovation Union - taking stock 2010-2014 http://ec.europa.eu/research/innovation-union/pdf/state-of-the-union/2013/state_of_the_innovation_union_report_2013.pdf

European Commission: Innovation Union: Key Documents: Communication: Research and innovation as sources of renewed growth - COM(2014) 339 http://ec.europa.eu/research/innovation-union/pdf/state-of-the-union/2013/research-and-innovation-as-sources-of-renewed-growth-com-2014-339-final.pdf

---