Brussels has announced a u-turn on the funding of Europe's Galileo satellite navigation system, asking for full public coverage of the expenses after the chosen private investors failed to agree on financing the €4 billion, hugely-delayed project.
Pressed by some EU member states and members of the European Parliament to come up with an alternative solution, the European Commission adopted a report on Wednesday (16 May) which suggests that the EU should abandon the private-public scheme...
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