BBC News : EU proposes technology flagship

Quote Originally Posted by BBC
The European Commission has unveiled plans for a world-class institute of technology intended to boost the EU's economic competitiveness.

It would consist of a small central core organising EU-wide research teams.

The move is a response to surveys which show that only a handful of European universities can compete with the world leaders, which are mostly in the US.
Good initiative, which comes along the proposed European Research Council.