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sowhat25

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Because it's their experience with how the EU is run. These top level commenters you refer to don't want to waste their time with the specifics is the proposal because they believe that these initiative is a poorly managed redistribution of tax money.

I share your sentiment, I'm also very skeptical that this money will be wisely used, a good chunk of it probably sinks into the Treibsand of European bureaucracy. And significant amounts will go to shallow ideas of startups. Europe just doesn't have the right startup spirit. It's over regulated and risk averse. Both fatal for a fruitful development.