The EU, for some unfathomable reason (Hubris?, Jealousy?) want their very own system. No matter that there is already one that works fine provided by the US for free that we all use with no problems. No they want to pay through the nose until all our eyeballs bleed just so they can have one too.
The EU had thought they could fund it through a Public/Private partnership with industry bearing the cost. Being business people they decided against spending a fortune developing Betamax years after the whole world had already gone VHS.
Now the Commission is looking to fund it publicly (our tax euros at work). To shore up the existing financial hole they are planning to raid existing agricultural and administrative funds
The more sensible nations, led by Germany, Britain and the Netherlands, who are likely to bear the brunt of much of the cost, have been fighting a rear guard action in Luxembourg.
The Portuguese are gung ho, Mario Lino their Transport Minister said; "We are on the right track,". Tied to it hopefully, with a train due…
2 comments:
Interesting post.
Thanks. I think this truly is a staggering and absolute waste of money, a white elephant.
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