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Dr Roger Scully, the Director of the Centre for European Studies at University of Wales, Aberystwyth, is more bullish in his assessment.
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His main priority remains studying towards a PhD on the economic and social impact of wind energy development at the University of Aberystwyth in his native Wales.
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Projects which have benefited from the fund include a new circular road linking Aberystwyth University and the National Library of Wales, along with a new bus service.
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"We are delighted to be leading this partnership project that has the potential to provide immense benefits for the whole of Wales and the world, " said Aberystwyth University vice-chancellor Professor Noel Lloyd.
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One fascinating recent development in the realm of experimental science is the work of Ross King, a biologist and computer scientist at Aberystwyth University in Wales.
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However the minister has rejected a recommendation to formally merge Aberystwyth and Bangor, however accepted the advice to merge the University of Wales Trinity Saint David and Swansea Metropolitan University.
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