The European parliament and the Council came eventually to an agreement 3 December 2007 on the funding of Galileo thanks to the revised proposition of the European Commission.
The European global navigation satellite EGNOS-Galileo project will provide in 2013 five navigation services: Open Service, Safety of Life Service, Commercial Service, Public Regulated Service, Search and Rescue Service.
The total estimated amount for full operation capability of Galileo is €3.4bn for 2007-2013 of which €2.4bn remained to find. Finally the EU budget ministers agreed to cover the €2.4 billion needed through unused Community funds, mainly those earmarked for the common agricultural policy.
The revised proposition contained also provisions on the governance and the industrial tendering process in order to guarantee competition and transparency.
Commissionner Barrot said “The industrial plan has been very difficult to implement because we had to reconcile a necessary measure of competition and a desire for fair allocation of the construction work on Galileo. So in dividing the programme up into six packages, imposing sub-contracting, we have maintained competition so that all the aerospace industries in Europe can participate”.
Updated : January 16, 2008