E-commerce Forum: 4bn ECU for Technology, 50bn for agriculture

The EU's economic priorities were challenged at IDG's E-commerce Forum in Monte Carlo, by EU executive Rosalie Zobell.

Zobell told the conference, "In the EU budget, about 50 percent is going on agriculture, another 25 percent or 30 percent is going on structural funds... and something like four percent is gong on the whole R & D area, so it doesn't have quite as high a priority as I personally believe it deserves," said Zobell.

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