European Union robs science for the 1%

This video says about itself:

Fresh ‘LuxLeaks’ allegations emerge

10 dec. 2014

Fresh allegations have emerged against major multinationals accused of taking advantage of Luxembourg’s ‘light touch’ tax regime.

A new report by International Consortium of Investigative Journalists said firms such as Walt Disney and Koch Industries lowered their tax bills by funnelling profits through the Grand Duchy.

…

It is the second installment of the so-called Lux Leaks reports, which could further embarrass European Commission president Jean-Claude Juncker.

Read more here.

Translated from NOS TV in the Netherlands:

Scientists criticize Juncker‘s plan

Today, 19:18

A new plan of Jean-Claude Juncker, president of the European Commission, can count on considerable criticism from scientists.

Scientific research in Europe could lose billions of euros because of it.

The European Commission wants to pump 315 billion into the economy, hoping thereby to start recovery at last. The problem is that that money is not readily available in Brussels. To finance the project, the Commission intends to take 2.7 billion euros from a fund for scientific research.

To the anger of scientists, who are worried that they will not find other investors. According to Professor Jaap Wagenaar of the University of Utrecht, much research depends on EU subsidies.

“Our research may show for example that the use of antibiotics should be reduced. There is no corporation that wants to invest in such research. Our research serves a public purpose and that should continue to be supported by Europe with grants.”

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