Det danske Fredsakademi
Kronologi over fredssagen og international politik 11. maj 2007 / Time Line May 11, 2007
Version 3.005/11/2007
EU Sees Public Money Saving Galileo From Drifting Off
Course
Brussels (AFP) May 11, 2007
The European Union sought Thursday to save its troubled Galileo
satellite navigation system project from crashing, with new plans
to use public money for its construction. A consortium of eight
companies was originally to pay for two-thirds of the construction
and launch of most of the 30 satellites required, while covering
the cost of the investment by operating the network afterwards.
The European Commission had given the consortium -- comprising
AENA, Alcatel, EADS, Finmeccanica, Hispasat, Inmarsat, TeleOp and
Thales -- until Thursday to come up with plans for sorting out the
mess...
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