EU’s flagship GPS Project on the ropes.

The argument that the EU is somehow better able to manage large and complex projects has been put in perspective recently by the fact that the EU’s flagship GPS system is now running three times over budget and 13 years late. Given that a perfectly usable GPS system exists and is widely used across the continent, one does wonder whether the 13 billion Euros earmarked for this project is money well spent. This project always did have the feel of a political vanity exercise, but rather than demonstrate that collaboration through the EU funding mechanisms can be a resounding success, it has revealed that EU Science can be badly┬átargeted, poorly managed and in the long run, provides poor value for money.

You can read more details about the EU’s GPS Project here: Euractiv Report