Finland increases research budget

15.08.2006
In the 2007 state budget the Finnish Government proposes an increase of 95,6 million euro for the research sector. According to the proposal the Academy of Finland will receive 19,7 million euro more than in 2006.
In 2006 the Academy‘s budget for research financing is of 257 million euro, which corresponds to 15,3 per cent of the government research financing. Among other things, the proceeds of the state lottery goes to research, and in 2007 the estimated amount of lottery euros for research is 75,7 million. The Government‘s budget discussions will start in August, and the final proposal will be submitted to the Parliament in mid-September.
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