• But it was understood the contingency fund was meant to cover cost overruns, essential in a project with a fixed timetable, not lack of private money.

    BBC: Crunch continues to hit 2012 fund

  • MEPs and the EU governments, which are collectively called the Council, have not yet agreed on a contingency fund to deal with emergencies, nor on financing of the Iter nuclear fusion project.

    BBC: Euro MPs adopt amended EU budget for 2011

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