First day closing speech by Gunther OettingerThe EU works with 7 year budget plans. They are now in the 2014-2020 period, the EU has a budget of 1% of each member-states GDP. In this period there were three EU funded projects: Galileo/EGNOS, Copernicus and Space & Earth Research; with a total budget of 13*10e9 Euro. The previous period they had funded space projects worth 5 10e9 Euro. For R&D projects; 2021 & the next budget period is tomorrow. The EU only wants to fund projects that benefit from European funding instead of national or regional funding.He can not predict how much the space project funding will be. But if the space industry can prove that projects are cheaper on European level then on national level. Then the EU budget part could be larger.For the 2021-2027 period the EU has two problems; Brexit (less budget income) & more tasks.In the space programs Europe needs the UK. Working together often works better.They have decided to don't cut funding on Eurasmus+ & Horizon post2020. (Fundamental Research & Technology Development)
The new EU space programme has been officially launched.It'll cover the period to 2027 and will see the bloc's 27 member states deepen investments in satellite-navigation, Earth observation, space situational awareness and secure communications, among other activities.It also establishes a new body called the EU Agency for the Space Programme.