The European Union’s satellite-navigation system, Galileo, will have to be built with public funds if it is going to be built at all, the European Commission announced.
So clearly, from this pronouncement, any one with any business sense realises it’s a bit of a white elephant before it even gets off the ground - and are reluctant o throw their own perfectly good money away on it.
Still that sort of consideration never put a politician off wasting tax payer’s money to their own glory. Some £2.7 billion they estimate – yes pull the other one and then multiply it by 12, if the London Olympics are anything to go by.
Now the question immediately arises - Why on earth ;-) would you want to go to the trouble and truly enormous expense, of building you own satellite navigation system, when there is a perfectly serviceable one up there already?
Even if you built it you would then have to try to wean the users of the existing system (who have coughed up cash for their sat-nav equipment) away from it just to get anyone to use it at all.
Is it dog in the manger-ism? Or they fear it will become unavailable. I know the European elite are not fond of the US but I hope they are not actually planning to go to war with them.
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