EU mulls plan to create rival to MIT
BRUSSELS, Belgium --Austria will use its presidency of the EU to promote proposals to create a European rival to the Massachusetts Institute of Technology, in a bid to stop the continent's brightest minds moving across the Atlantic, the country's ambassador to the EU said Friday.The plan would likely be discussed by EU leaders at a March economic summit in Brussels, Ambassador Gregor Woschnagg said. The proposal was "something that could prevent a brain drain of researchers and scientists to the United States," he told a think tank audience.
European leaders are increasingly concerned that Europe's academic and research standards continue to lag far behind the United States, while emerging powers such as India and China are making fast improvements.
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