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Europe Daily Bulletin No. 8096

22 November 2001
Contents Publication in full By article 25 / 38
GENERAL NEWS / (eu) eu/space/transport
Independent study on Galileo concludes that gains for economy as a whole will exceed costs

Brussels, 21/11/2001 (Agence Europe) - On Wednesday, the European Commission is to present an independent study concluding that Galileo is a useful project if one considers the advantages it holds for the European economy as a whole, but that the low level of profit margins for operators will require continued public sector investment. The study, conducted by PriceWaterhouse Coopers had been commissioned by the Transport Council of April this year in order to be able to take a definitive...

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