Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-10-03-Speech-3-148"

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"en.20011003.4.3-148"2
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"The GALILEO Programme is being presented to us as enabling progress to be made in various fields (the management of land, air and sea transport, road traffic, the organisation of life-saving at sea) thanks to radio-navigation by satellite. We are told that GALILEO testifies to a desire to ensure the independence of Europe from the United States which, with its Global Positioning System (GPS), has launched a similar programme. In fact, what it really does is provide an enormous market for European businesses, in other words a new source of profits for their owners and shareholders. For it is they who will be the primary beneficiaries of GALILEO – indeed they already are – whether in the telecommunications sector, the transport sector or the space sector, since GALILEO involves the launching of a network of thirty satellites. Public funding amounting to almost EUR 2 billion has already been budgeted for and to some extent released by the European Union and the European Space Agency. As for private investors, they are reluctant to pay a single penny. Yet the European Union is not planning to call for their financial involvement until the final phase of the project, after it has been launched and guaranteed by public money. According to the reporter, however, the private investors who have been promised responsibility for managing GALILEO and therefore ‘possible revenue flows from GALILEO services’, are unwilling to take any ‘economic risk’. They are waiting for a ‘positive signal from the political side’ of Europe. In other words they are waiting to be told that the political side will take on responsibility for all the costs, leaving the investors with nothing to do but collect the profits. Though the European authorities are revelling in the supposed virtues of private initiative, the capitalists, for their part, want paying with more than words. They want guaranteed profits, without any risk, and they know that they can count on both European and national authorities to give them what they want. We have therefore voted against this report."@en1

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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz

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