GALILEO EP
January 1st, 2002
BY ALAN OSBORNTHE EUROPEAN Union's ambitious Galileo satellite navigation project has been given a vote of approval by the European Parliament but the assembly also crucially said that there should be no intimate private sector involvement in the Pounds 2.5 billion programme.MEPs said that "a conflict of interest would arise if private companies were directly involved in the undertaking," though they agreed that companies could take a subsidiary role.The stand taken by the Parliament could undermine efforts by theEuropean Commission to revive financing for ...
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