EUROSTAT HAILS EASTERN EUROPE RESEARCH BOOM
January 1st, 2007
BY KEITH NUTHALLTHE BALTIC States are the European Union's (EU) boom-region for research spending increases, according to the latest R&D figures from EU statistical agency Eurostat, which show Britain's performance as relatively static. Annual average growth rates in real terms research spending from 2001 to 2005 ranged from +18% in Latvia, +17% in Estonia, and +11% in Lithuania, (+15% in Cyprus). In the UK, there was a slight 0.7% increase, reaching Euro 29.9 billion in 2005. The Baltic States' current spending also shows scope for more years of large ...
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