"We reached an agreement in principle between the seven nations in the project and EADS," said Carme Chacon, referring to the European Aeronautic Defense and Space Company, parent company of A400M manufacturer Airbus. "The Airbus project will be a success for Europe."
Chacon did not give any details as to how the countries would resolve the financing dispute surrounding the late and over-budget project, but added that more information would be released on Thursday, following an EU defense meeting in
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