The cost for Galileo is rapidly increasing

An article in NyTeknik say that the cost for the Galileo GPS like system is skyrocketing. The budget is 3.2 billion EUR, but the current estimate is towards 9.3 billion EUR. Originally the information comes from der Spiegel.

I have already here and here written that the cost where above budget, but then that estimate was the 3.2 billion EUR that now is history as well. Multiply by three, and you get the new cost.