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Image header Agence Europe
Europe Daily Bulletin No. 9442
Contents Publication in full By article 17 / 33
GENERAL NEWS / (eu) eu/galileo

Council endorses funding agreement - Commission to unveil new funding mechanisms in September 2007

Luxembourg, 08/06/2007 (Agence Europe) - Adopting a resolution on Friday 8 June on the EU's satellite navigation system Galileo and EGNOS, the EU Transport Council put an end to the failed negotiations with the private sector over Galileo contracts by deciding that both Galileo and EGNOS (a system of four precursor navigation systems due to be up and running next year) would be implemented by the public sector (therefore requiring extra public funding). The ministers said they wanted the...

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