Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-12-11-Speech-2-146"
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"en.20011211.7.2-146"2
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"Mr President, I want to speak briefly about an amendment I have tabled to the Turchi report on trans-European networks. I have no problem about telematics being included in such a programme and I generally support the Galileo project. But the fact is that nearly EUR 1 billion is committed over the next five years, all from the public sector – from either the European Space Agency or from the Commission itself. By contrast, only EUR 200 million is allocated to the project by the private sector.
My amendment therefore says that it is doubtful whether the private sector will come up with the goods early enough. I ask for a reserve of half the money allocated by the Commission for the first year of the funding to be set aside and released only if the private sector signs up to its commitments to take part in this project. I do not want to smash the project. I know there are heated discussions in the Council, and many nations have withdrawn their support for now, or are a bit uncertain. That is not my agenda. I just want to make sure the private sector comes to the party early enough to make sure there is more confidence in the scheme as a whole."@en1
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