<P> The Galileo positioning system is another EU infrastructure project . Galileo is a proposed Satellite navigation system, to be built by the EU and launched by the European Space Agency (ESA). The Galileo project was launched partly to reduce the EU's dependency on the US - operated Global Positioning System, but also to give more complete global coverage and allow for greater accuracy, given the aged nature of the GPS system . </P> <P> The Common Agricultural Policy (CAP) is one of the long lasting policies of the European Community . The policy has the objectives of increasing agricultural production, providing certainty in food supplies, ensuring a high quality of life for farmers, stabilising markets, and ensuring reasonable prices for consumers . It was, until recently, operated by a system of subsidies and market intervention . Until the 1990s, the policy accounted for over 60% of the then European Community's annual budget, and as of 2013 accounts for around 34% . </P> <P> The policy's price controls and market interventions led to considerable overproduction . These were intervention stores of products bought up by the Community to maintain minimum price levels . To dispose of surplus stores, they were often sold on the world market at prices considerably below Community guaranteed prices, or farmers were offered subsidies (amounting to the difference between the Community and world prices) to export their products outside the Community . This system has been criticised for under - cutting farmers outside Europe, especially those in the developing world . Supporters of CAP argue that the economic support which it gives to farmers provides them with a reasonable standard of living . </P> <P> Since the beginning of the 1990s, the CAP has been subject to a series of reforms . Initially, these reforms included the introduction of set - aside in 1988, where a proportion of farm land was deliberately withdrawn from production, milk quotas and, more recently, the' de-coupling' (or disassociation) of the money farmers receive from the EU and the amount they produce (by the Fischler reforms in 2004). Agriculture expenditure will move away from subsidy payments linked to specific produce, toward direct payments based on farm size . This is intended to allow the market to dictate production levels . One of these reforms entailed the modification of the EU's sugar regime, which previously divided the sugar market between member states and certain African - Caribbean nations with a privileged relationship with the EU . </P>

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