The new government lead by Mariano Rajoy will cut €600 million of Spain’s 2012 R&D budget. In 2011 the budget was already 8% smaller than in 2010, which at the same time was 15% smaller than that of 2009. Of course it’s not only a matter of how much money is invested, but what projects are financed with this budget, and in that sense Spain could do a much better job.
The bottomline is that while other countries have found a way of growing with science and innovation, the Spanish government disregards its importance.
When we Spaniards do our income declaration, we have the choice to dedicate 0,7% of our taxes to the Catholic Church or to NGOs, but those two are the only options available.