EU Finance Ministers, UK Parliamentary Body Debate Galileo Plan
On Tuesday (November 13) European Union (EU) finance ministers will address the European Commision (EC) proposal for all-public funding of the Galileo program.
The proposal announced by the EC in September would use the 2007 and 2008 budgetary reserves for agriculture and administration — totaling about €2.5 billion — to augment a €1-billion Galileo allocation already in place. European transport ministers will take up the issue again in December.
By Glen Gibbons