Innovation-based sustainable growth is at the heart of the EU’s response to the present crisis

Interview with CséfalvayZoltán, Minister of State for National Economy, Hungary

How has research and development improved the European economy in the past few years? 

In the past few years the economic context has changed substantially. A recession triggered by the 2008 financial crisis led to the adoption of stimulus packages to kick-start the economy. While slowly recovering from the downturn, Europe is now facing a sovereign debt crisis and fears of a new recession. The key challenge is to stabilise the financial and economic system in the short term while al...

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