May 9, 2007
FOLLOWING THE A380 MODEL:
Galileo system 'in a deep crisis' (BBC, 5/09/07)
Europe's proposed satellite-navigation system, Galileo, will need more public funds if it is to be built.Hope is receding that a private consortium asked to run the system can end its infighting and meet a 10 May deadline to move the project forward.
This is likely to mean European taxpayers stepping in to cover costs.
German Transport Minister Wolfgang Tiefensee, speaking on behalf of the EU, said: "Galileo is going through a deep and grave crisis."
He added: "We're in a dead end street. The cardinal problem is that the companies still have not been able to agree on the way forward. We need to find an alternative solution."
And there's one firm rule of the French Model, when you come to the dead-end, Forward March! Posted by Orrin Judd at May 9, 2007 12:00 AM
Compared to the costs of the welfare state Airbus and Galileo are just rounding errors. These projects are simple pork.
The EU can't even do something that's already been done. At least the USSR was good at stealing technology. Well, not good, but they could do it.
Posted by: Bob Hawkins at May 9, 2007 11:27 AM