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Europe Daily Bulletin No. 9744

20 September 2008
Contents Publication in full By article 30 / 41
GENERAL NEWS / (eu) eu/space

19/09/2008 (Agence Europe) - Funding foreseen for financing the validation phase of the European satellite radio-navigation programme, Galileo, is in excess of the initial €500 million budget, mainly due to the delay incurred when the programme was set in place. Part of this cost has already been met by ESA (European Space Agency). Another €175 million has still to be found, possibly through the additional fair returns notched up by major ESA contributors. Additional spending could make...

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