EU: Bloc can pay for Galileo satellites
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Europe's proposed multibillion-dollar Galileo satellite navigation project could be salvaged with the help of unspent EU funds and without additional taxpayer money, the European Commission said Wednesday.
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Military aspects remain to be settled Controversial Euro satnav project Galileo should receive more taxpayer cash to get it moving again, European ministers have concluded. But lengthy wrangles over funding channels and control lie ahead.â¦
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BRUSSELS: A European Union court is set to rule this week on a $120 billion deal MCI-WorldCom made during the height of the go-go years that still resonates today.
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Eurocrats not quite as enthusiastic US negotiators in Brussels expect to reach agreement with the European Union within a week regarding cooperative use of the American Global Positioning System (GPS) and the EU's proposed Galileo sat-nav constellations.â¦
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Only satellite builders truly enthusiastic Reports from Brussels suggest that European and national officials are beginning to acknowledge the lack of any firm consensus regarding the funding - or even the need - for the planned Galileo Europe sat nav constellation.â¦
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To help pay for tomorrow's world-class observatories, astronomers are forging international partnerships.
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Galileo Avionica si aggiudica fornitura da 20mln euro
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The European Union urged member states on Tuesday to sign up to schemes to launch work on a new European heavy transport helicopter and next-generation satellite observation system from late 2008.
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The UK says the private sector should still share the risk and the cost of developing Europe's satellite-navigation system, Galileo.
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Hamilton, Bermuda, Aug. 17 (UPI) -- A European consortium has agreed to pay $3 billion and assume debt to acquire the world&#39;s No. 2 satellite provider, the Financial Times reported Tuesday.
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The European Space Agency (ESA) will take a 15-percent stake in the James Webb Space Telescope (JWST), the successor to the highly successful Hubble orbiting telescope, under an agreement signed here on Monday.
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Moscow, 26 December: Three satellites of the Russian Global Navigation Satellite System (Glonass) have been put into orbit as planned.
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The European Union approved a deal on Wednesday setting conditions for the U.S. Treasury Department to consult records of the international banking network SWIFT in anti-terror probes, EU diplomats said.
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'Indispensable strategic tool' Galileo, the rolling European satnav project fracas, has hit the headlines again as parliamentarians in Brussels demand extra funds for the coming year.â¦
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GPS service will get full public funding under a proposal by the European Commission.
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The EU establishes a new multi-billion-euro agency to fund the brightest new ideas in science.
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European ministers conceded failure  on Friday in their search for private funding for the  struggling Galileo satellite navigation system and said they  would have to cough up more cash from public coffers.