- With this second supplement, the financial viability of the Higher Center for Scientific Research is guaranteed.
The Council of Ministers has approved an extraordinary loan of 70 million euros for the Higher Council for Scientific Research (CSIC). This supplement is the second that the Government grants this year to the Council – 25 million euros were granted in June – so the total injection amounts to 95 million euros. With this amount the liquidity problems that the reference body of the Spanish investigation had dragged for years have been stopped.
The Ministry of Economy and Competitiveness, in addition, has increased the transfer to the CSIC by 50 million euros in the project of General State Budgets for 2014, which represents an increase in its contribution of 12.1%.
With these measures, the Government fulfills its commitment to maintain and support the CSIC, which carried financial problems since the reduction in budgetary contributions made between 2009 and 2010, of almost 30%.
For its part, the CSIC has developed a Viability Commitment Plan (2013-2015) approved by its Governing Board, whose measures will result in cost savings of 50 million euros in 2013.
This set of measures ensures the stability and balance between income and expenses of the CSIC as of 2014, which will allow the country's largest scientific body to continue its research activity normally.
