EU and France unveil €500 million incentive package to attract scientists amid U.S. funding cuts under Trump.

  • French President Macron urged global researchers to join Europe in a rallying call for academic freedom and innovation: "We call on researchers worldwide to unite and join us ... If you love freedom, come and help us stay free"

  • The funds will support research projects and help universities cover relocation and operational costs for foreign scientists.

  • European Commission President von der Leyen also called for EU member states to boost R&D spending to 3% of GDP by 2030.

  • The move seeks to capitalise on discontent within U.S. academia and strengthen Europe’s global competitiveness in science.

China is similarly offering refuge to scientists.

How likely is deal?
Source: Forex Live