New agency to supervise Galileo agreed by the Council

By News Editor / Updated: 01 Aug 2014
Transport Ministers have agreed to set up a Community agency to supervise the deployment and operation phases of Galileo.
Transport Ministers have agreed to set up a Community agency to supervise the deployment and operation phases of Galileo. The agency, called the Supervisory Authority, will run Galileo's overall financial management and conclude the concession contract with one of the three shortlisted private consortia for developing and operating the satellites.

More information available on the [http://ue.eu.int/ueDocs/cms_Data/docs/pressData/en press release of the Transport Council of 10-11 June].
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