Europe ministers tackle sharp increase in space funding

Logos of ArianeGroup and the ESA (European Space Agency) are seen on a rocket model at the entrance of the International Astronautical Congress (IAC) space exploration conference in Paris, France, September 19, 2022. REUTERS/Christian Hartmann

PARIS (Reuters) -European ministers haggled on Tuesday over a proposed 25% boost in space funding over the next three years designed to maintain Europe's lead in Earth observation, expand navigation services and remain a partner in exploration with the United States.

The European Space Agency (ESA) is asking its 22 nations to back a budget of some 18.5 billion euros for 2023-25, up from 14.5 billion at its last summit in 2019, in a triennial funding ritual held against a backdrop of pressure on public finances.