I'd not take the Eurocontrol speculations at face value ...
For an INS, you'd need three very good accelerometers and a very good AHRS (attitude and heading reference system). The accelerometers will accumulate all errors twice, as the acceleration has to be integrated once for velocity and another time for position.
Due to mechanical and power constraints, a gyro-stabilized accelerometer platform is out of question in a small airplane, and a strap-down system has the attitude and heading angle errors adding to the acceleration errors. There is a good reason why the airliners are using laser gyros.
The current state of the art for small aircraft (e.g. Garmin 1000) is using semiconductor AHRS and augmenting it with the traditional navaids (VOR, NDB & co).
It is still much better than the thingies in my Turbo Arrow with gyro-based HSI, traditional navaids and a separate GPS.