As Greece teeters on the edge of bankruptcy, austerity measures are already hitting researchers hard in their pockets. But their labs will be buffered by a huge reserve of European Union (EU) structural funds - subsidies for poor regions - already earmarked for research. And Greek research leaders think the crisis could help shake up a system they say emphasizes security over excellence.rnAs part of a national package of emergency measures, Greek scientists' pay was cut by around 10% in March. Institutional research funding, already among the lowest in Europe, was slashed by around 15%. Further cuts are now on the cards after Greece signed a financial bail-out deal with the EU and the International Monetary Fund on 2 May.
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