Rail Baltica project faces cost overruns, delays: auditors

VILNIUS, June 12 (Xinhua) -- The Rail Baltica project in the three Baltic states may need 10-19 billion euros (10.8-20.5 billion U.S. dollars) more than planned, audit institutions from Lithuania, Latvia and Estonia announced in a joint report.

"The Rail Baltica project's progress is at risk because its estimated cost has quadrupled over seven years and the project's size could lead to a budget deficit of 10-19