May 5, 2025 6:57 PM IST
US Stock Market LIVE: Macron urges US scientists to choose Europe after Trump upheaval
French President Emmanuel Macron made a plea to US-based researchers who have been affected by Donald Trump’s policies to choose Europe.
“If you love freedom, come and do research here,” Macron said Monday at the Sorbonne University in Paris as he attacked US decisions to shut down university programs. “No one could have thought that this great democracy, whose economic model relies so heavily on free science, innovation, and its ability over the past three decades to innovate more than the Europeans and to spread this innovation more widely, would make such a mistake.”
European Commission President Ursula von der Leyen, who spoke just before Macron, put forward a new €500 million ($567 million) incentives package for 2025-2027 aimed at making Europe a “magnet for researchers.” France will separately allocate €100 million, Macron said, within an existing program known as France 2030 aimed at creating high-tech champions and reversing years of industrial decline.