Zapatero pledges more cash for research

8th July 2004, Comments 0 comments

8 July 2004, VIGO – Spanish premier José Luis Rodríguez Zapatero said Thursday spending on research and development will rise by 25 percent next year.

8 July 2004

VIGO – Spanish premier José Luis Rodríguez Zapatero said Thursday spending on research and development will rise by 25 percent next year.

Zapatero, who made the announcement on a visit to Vigo in the north-west of Spain, said science would be "central to the progress of the country".

The prime minister was meeting with three scientific investigation teams in Galicia.

Zapatero stressed the importance that scientific research and said: "Tomorrow will be about science".

He pledged that research and development would be one of the priorities of his Socialist administration.

Spain currently has the lowest levels of spending on research and development in the industrialised world.

In terms of a percentage of its GDP, it spent 0.96 percent in 2001, whereas the EU average was 1.93 percent.

Analysts have warned Spain needs to spend more on this part of its economy to keep pace with other industrialised nations.

[Copyright EFE with Expatica]

Subject: Spanish news

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