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Social Affairs
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  • The EU's response to the
    One of our student interns produced this well-written article about the ongoi...
    20 February 2017
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    Europe Direct Valletta
  • The importance of labour
    This article, written by a student at the University of Malta, passionately c...
    20 February 2017
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    Europe Direct Valletta
  • Strengthened EU-Swiss Re
    The EU enjoys very close relations with Switzerland in every sense: culturall...
    29 December 2016
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    Europe Direct Valletta
  • A boost for the European
    The European Commission is stepping up its efforts to develop a strong space ...
    26 October 2016
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    Europe Direct Valletta
  • EU increasing support fo
    The EU has announced that it shall implement new aid programmes in the Latin ...
    26 October 2016
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    Europe Direct Valletta
  • Commission proposes EU c
    Delivering on the Security Union: Commission proposes EU certification system...
    07 September 2016
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    Europe Direct Valletta
  • VAT Gap: Nearly €160 bil
    A staggering €159.5 billion in Value Added Tax revenues were lost across the ...
    06 September 2016
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    Europe Direct Valletta
  • Variable attitudes towar
    Performance-related pay and employee reward systems in Europe are often uneve...
    01 September 2016
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    Europe Direct Valletta
  • Commission proposes 2018
    The Commission is also seeking to highlight the role of Europe's cultural her...
    30 August 2016
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    Europe Direct Valletta
  • EU's 2017 budget: Parlia
    The EU's budget for next year will be decided over the coming months. Startin...
    30 August 2016
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    Europe Direct Valletta
  • Commission proposes fish
    The European Commission today tabled its proposal on fishing opportunities in...
    29 August 2016
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    Europe Direct Valletta
  • Towards better social st
    The Commission adopted a proposal for a Regulation on new, integrated ways to...
    24 August 2016
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    Europe Direct Valletta
< Back to News
A boost for the European space industry
26 October 2016

Space is a boundless mystery that continues to remind us how much exploration has yet to be carried out to learn about our surroundings. Three space ventures are currently being developed by the EU so as to benefit its Member States in a variety of ways. These are: Galileo, which is sometimes referred to as “the European GPS”; Copernicus, which is an earth observation programme; and the European Geostationary Navigation Overlay Service (EGNOS).

Today – 26 October – the European Commission made it clear that it wants to get European companies more involved in the space industry. The Commission has formulated a new space strategy that hands a great deal of importance to private companies.  It is envisaged that increased involvement would allow various sectors, such as the agricultural and car manufacturing sectors, to access data from satellites more easily.

A space strategy is so useful in this day and age as it provides practical support needed, for instance, for the use of modern technologies (such as mobile phones and satellite television) and the undertaking of rescue operations. With regard the latter, rescue operations in response to earthquakes in Ecuador (April 2016) and central Italy (August 2016) serve as prime examples. The Emergency Response Coordination Centre (ERCC) of the European Commission made use of the EU Copernicus Emergency mapping service in order to evaluate which of the populated regions were most impacted by the natural disasters.

European space programmes bring the required tools to stimulate the EU’s economy. Elżbieta Bieńkowska, Commissioner for Internal Market, Industry, Entrepreneurship and SMEs mirrored this position by stating that: “space-based applications are changing our lives, our economy, our industry. Space is a key industrial sector in Europe's economy, and a strategic asset supporting Europe's autonomy of action at the global stage. But it needs more entrepreneurs and more private investment if it is to stay ahead of the curve. My message therefore to industry, start-ups and investors is that space matters and we are in space for the long haul.”

Interestingly, the Investment Plan for Europe has been pinpointed as a key source for the funding of EU space programmes. In the meantime, the European Commission estimates that approximately 6% of the EU’s gross domestic product (GDP) relies on space technologies. The European space industry is indeed impressive as it is estimated to have a value of around €46-54 billion and account for 21% of the global space sector. The key to future Digital Age developments and discoveries lies beyond our atmosphere, and the EU has recognised that it must endeavour to strengthen its space programmes so as to cement its place as a large-scale player in the space sector.
  • The EU's response to the...
    One of our student interns produced this well-written article about the ongoi...
    20 February 2017
    read more...
    Europe Direct Valletta
  • The importance of labour...
    This article, written by a student at the University of Malta, passionately c...
    20 February 2017
    read more...
    Europe Direct Valletta
  • Strengthened EU-Swiss Re...
    The EU enjoys very close relations with Switzerland in every sense: culturall...
    29 December 2016
    read more...
    Europe Direct Valletta
  • A boost for the European...
    The European Commission is stepping up its efforts to develop a strong space ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • EU increasing support fo...
    The EU has announced that it shall implement new aid programmes in the Latin ...
    26 October 2016
    read more...
    Europe Direct Valletta
  • Commission proposes EU c...
    Delivering on the Security Union: Commission proposes EU certification system...
    07 September 2016
    read more...
    Europe Direct Valletta
  • VAT Gap: Nearly €160 bil...
    A staggering €159.5 billion in Value Added Tax revenues were lost across the ...
    06 September 2016
    read more...
    Europe Direct Valletta
  • Variable attitudes towar...
    Performance-related pay and employee reward systems in Europe are often uneve...
    01 September 2016
    read more...
    Europe Direct Valletta
  • Commission proposes 2018...
    The Commission is also seeking to highlight the role of Europe's cultural her...
    30 August 2016
    read more...
    Europe Direct Valletta
  • EU's 2017 budget: Parlia...
    The EU's budget for next year will be decided over the coming months. Startin...
    30 August 2016
    read more...
    Europe Direct Valletta
  • Commission proposes fish...
    The European Commission today tabled its proposal on fishing opportunities in...
    29 August 2016
    read more...
    Europe Direct Valletta
  • Towards better social st...
    The Commission adopted a proposal for a Regulation on new, integrated ways to...
    24 August 2016
    read more...
    Europe Direct Valletta
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