The price tag on Nato's giant new headquarters currently under construction is expected to hit €1 billion, the organisation's secretary general said on Monday (7 february) as he warned of the dangers of not co-ordinating defence budget cuts in Europe.
"The total estimated cost of the new Nato headquarters is about €1 billion euros," the alliance's spokeswoman, Oana Lungescu, told journalists on the margins of a press briefing by Nato secretary general Anders Fogh Rasmussen.
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