2011 – European Commission Space Budget – Snapshot

The EC 2011 budget included €0.73 billion (US$1.06 billion) in funding for space-related programs (excluding EUMETSAT), a reduction of 45% from 2010 levels.1 This represented approximately 0.5% of the EU’s €141.9 billion (US$206 billion) 2011 budget.2 EC budgets operate as yearly funding commitments...

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