New Lock, Technical Feat or a 1.2 Billion Euro Flop?

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On August 1st, 10 months after the festive opening in the presence of the Belgian and Dutch kings, the New Lock in Terneuzen was finally put into operation. But there's still not much reason to celebrate today, no matter how hard they try to create that perception. The problem with the rickety Chinese bridges above the lock may have been solved, but beneath the water's surface—and you can take that literally—lurks a host of other problems. Yet n…