According to Der Spiegel, relayed in an agency report, the cost of the EU's Galileo satellite navigation system is set to skyrocket. Instead of costing the €3.4 billion budgeted by the EU commission, it will cost at least €5 billion and perhaps even €10 billion. Spiegel adds that a secret German government study concluded the overall cost would rise by €1.5 billion ...
Posted on EU Referendum.
Sunday 13 January 2008
Galileo costs to "skyrocket" – shock!