[Reuters] EU says costs for Galileo satellite project reliable

Posted by: UGN Security

[Reuters] EU says costs for Galileo satellite project reliable - 01/14/08 08:58 AM

BRUSSELS (Reuters) - The European Commission defended on Monday its 3.4 billion euro ($5 billion) cost forecast for the Galileo satellite navigation program following a report the budget is bound to be seriously overrun.



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