GALAXY FUND
July 1st, 2004
Keith Nuthall
AN UNUSUAL private-public transport fund, with money available for European airport projects, has gained support from the European Union. The Galaxy Fund - run by France's Caisse des Dépôts, Italy's Sanpaolo IMI Group and Germany's KfW - has been given Euro 25 million by the European Commission, whose spending will be managed by the European Investment Bank. Galaxy currently commands Euro 250 million.
AN UNUSUAL private-public transport fund, with money available for European airport projects, has gained support from the European Union. The Galaxy Fund - run by France's Caisse des Dépôts, Italy's Sanpaolo IMI Group and Germany's KfW - has been given Euro 25 million by the European Commission, whose spending will be managed by the European Investment Bank. Galaxy currently commands Euro 250 million.
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