16. 2. 89 Official Journal of the European Communities " No L 44/43 COUNCIL DECISION of 13 February 1989 * on a European stimulation plan for economic science (1989 to 1992) (SPES) ' (89/118/EEC) THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 130q (2) thereof, Having regard to the proposal from the Commission (), In cooperation with the European Parliament (3), Having regard to the opinion of the Economic and Social Committee (), Whereas “Article 130k of the Treaty provides for the. implementation of the Framework Programme to be carried out by means of specific programmes developed within each activity ; Whereas Council Decision 87/516/Euratom, EEC of 28 September 1987 concerning the framework programme for Community activities in the field of research and technological development (1987 to 1991) () includes the stimulation, enhancement and better use of existing Community human research and development resources amongst the activities it provides for; Whereas Council Decision 88/419/EEC of 29 June 1988 on a programme plan to stimulate -the - international cooperation and interchange needed by European research scientists-(1988 -to  1992) (Science) () ‘concerns only the exact and natural sciences; whereas it is recognized that support would be advantageous in other scientific areas; Whereas economic science addresses itself to- the fundamental “objectives of the. Community, is able to contribute to a better formulation of Community policies and, more generally, -aims to increase the wealth and productivity- of the whole economy; whereas. it is therefore appropriate that, of the human and social sciences, priority should be given to stimulating economic science ; - Whereas the creation of a Researchers’ Europe is necessary in order to ensure that the development gap between different Member - States of the European. Community does not widen further ;. () OJ No C 109, 26. 4. 1988, p. 4. () OJ No C 309, 5.-12. 1988, p. 101 and Decision of 18 -January- 1989 (not yet published in the Official Journal). () OJ No C 318, 12. 12. 1988, p. 23. (9 OJ No L 302, 24. 10. 1987, p. 1. () OJ No L 206, 30. 7. 1988, p. 34. Whereas it may be in the Community’s interest to involve third countries and international organizations in certain Community programmes and particularly in those programmes contributing to the overall strengthening of Europe’s scientific potential ; Whereas the Scientific and Technical Research - Committee (Crest) has been consulted, HAS ADOPTED THIS DECISION : Article 1 A plan to stimulate cooperation between and the interchange of researchers in economic science, hereinafter referred to as the ‘Programme’, as set out in the Annex, is hereby adopted for a four-year period commencing on 1 January 1989. Article 2 - The summary of the programme and its objectives, together with the operational arrangements for implementing the programme are set out in the Annex. Article 3 The funds estimated as necessary for the execution of the programme amount to ECU 6 million for the period 1989 to 1992, including expenditure on a staff . of two. The Community financial support awarded to stimulation activites shall contribute up to 100 % of the cost of the scientific cooperation or interchange activities. Article 4 1. The Commission shall be responsible for the execution of the programme. 2. The contracts entered into by the Commission shall show the rights and obligations of each party, particularly the methods of disseminating, protecting and exploiting . research results and of making any reimbursement that may be necessary of the funding given. Article 5 1. The Commission is authorized to negotiate, in accordance with Article 130n of the Treaty, agreements with international organizations, with those countries participating in European cooperration in the field of