Brussels, 20/10/2010 (Agence Europe) - The cost of the Galileo project for 20 years has increased from €2.6 billion under the original estimates at the beginning of the 21st century to €22.2 billion, according to information obtained by Open Europe. The latter has just published a dossier on this subject, “Lost in Space: how the cost of the EU's Galileo project has skyrocketed”.
The Galileo project seeks to create a European satellite navigation system, similar to the US GPS system....