The UK government must do everything in its power to prevent the Galileo satellite navigation programme from going ahead unless a rigorous cost-benefit analysis has been produced, said a report of the UK House of Commons Transport Select Committee. The report set out the Committee's "serious concerns" about the continued merits of the project and "the lack of rigorous assessments of its true costs, benefits and risks". The Committee also expressed "deep concerns" about the way in which the European Commission proposes to fund the ill-starred project. After Galileo's commercial consortium which was supposed to provide funding failed to reach agreement, the European Commission proposed that several billion Euros should be transferred from other Community budgets instead.
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