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Data storm: Making government data pay

BBC - Here's the good news: Europe's fiscally squeezed governments are sitting on assets that could be worth 40bn euros ($52bn, £33.6bn) a year.

The bad news is that, to realise those assets' full potential, governments have to give them away.

For free, and without licensing conditions, to all comers, including multi-national corporations as well as to local start-ups.

The assets are gargantuan archives of data that public administrations generate in the course of their public tasks. Such so-called public sector information can range from data sets about the weather and the natural environment to great works of historic art.