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Reuters – EU to divert research funds to nuclear fusion project-sources

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Reuters – EU to divert research funds to nuclear fusion project-sources

By Claire Davenport | 13 April 2012 – 4:08pm GMT

BRUSSELS, April 13 (Reuters) – The cash-strapped European Union may divert spending for information technology research next year to help fund a costly nuclear fusion project, EU officials and lobbyists said.

Critics of the plans, which are set to be finalised later this month, said they risked undermining the bloc’s push for economic growth and job creation as a route out of the financial crisis.

The cuts to the European Commission’s funds for technological research in 2013 “could be as much as 150 million,” John Higgins, director general of the EU’s biggest IT lobby Digital Europe, said.

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