Estionan Prime Minister calls for increase of R&I investments as necessary step in maintaining EU's competitiveness
On 12 October 2017, on the occasion of the conference “European Research Excellence - Impact and Value for Society Conference”, Estonian Prime Minister Ratas stated “If the funding of research does not increase, the competitiveness of the European Union will decrease and we will lose in the competition for talents. Furthermore, many technology-based and research-intensive products will remain undeveloped”. Ratas also said “the goal of the Estonian Presidency of the Council of the European Union is to support the increase in investments in research and development as well as innovation and for this change to also be reflected in the next multi-annual financial framework of the European Union.” The conference was held in Tallinn and was organised by the Estonian Council Presidency.
The Prime Minister handed over the Tallinn Call for Action 2017 to the representatives of the European Commission and stakeholders. “The aim of the call is to ensure broad political commitment for increasing research and innovation funding. In addition, we should strive to better acknowledge and value the role of research in economic development and increasing competitiveness in our societies,” Ratas concluded.