EUROPEAN COMMISSION FORMALLY PROPOSES EURO 3.4 BILLION PUBLIC SPENDING FOR GALILEO LAUNCH
September 1st, 2007
BY KEITH NUTHALL THE EUROPEAN Commission has formally asked permission to spend Euro 3.4 billion between 2007 and 2013 on getting Europe's planned global positioning satellite network Galileo into orbit. The huge price tag for European Union (EU) taxpayers follows the failure of negotiations with prospective private contractors earlier this year who would have shared costs. Undaunted, the Commission has now asked permission from EU ministers and the European Parliament for a go ahead under public control. EU transport Commissioner Jacques Barrot said: "I am ...
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