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EU governments increased R&D allocations by 5 pc in 2022
Updated : 2 years, 9 months ago IST
In 2022, the total government budget allocations for R&D (GBARD) across the EU stood at Euro 117.4 million, equivalent to 0.74 per cent of the GDP. This was a 5.4 per cent increase compared with 2021 (Euro 111 393 million) and a 49.2 per cent increase compared with 2012 (Euro 78 656 mill
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