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GERMANY-TRANSRAPID/
RTR1YT2I 
March 27, 2008 
Bavarian state premier Guenther Beckstein, Siemens Chief Executive Peter Loescher and German Transport... 
Berlin, Germany 
Bavarian state premier Beckstein, Siemens CEO Loescher and German Transport Minister Tiefensee leave... 
Bavarian state premier Guenther Beckstein, Siemens Chief Executive Peter Loescher and German Transport Minister Wolfgang Tiefensee (LtoR) leave a news conference at the transport ministry in Berlin March 27, 2008. Germany has ditched plans to build the flagship high-speed rail link with the Transrapid between the Bavarian capital Munich and its airport because of a cost overrun, Transport Minister Wolfgang Tiefensee confirmed on Thursday. REUTERS/Fabrizio Bensch (GERMANY) 
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