WORLD NEWS & ANALYSIS
Galileo’s Orbit Hangs on Funding Strings
LONDON PARIS The vexed issue of how to bridge the gap between political ambition and fiscal reality remains stark for Galileo, in spite of last week’s progress. In stitching together a patchwork political agreement, the European Union has identified the so-far-vague concept of a publicprivate sector partnership as the route to securing the necessary total financing.
By DOUGLAS BARRIE,MICHAEL A. TAVERNA3 min