Brussels, 14/10/2008 (Agence Europe) - The cost of Galileo is expected to increase but not exceed two €2 billion. A German newspaper announced last week that the cost of the first EU satellite navigation programme (Galileo) could rise to as high as €5.4 billion, compared with the €3.4 bn earmarked for the current phase of the programme. To date, the cost of the development phase alone (funded equally by the European Space Agency -ESA - and the European Commission) has overshot the...