The IATA has endorsed the exemption, while Europe’s low-cost giants strongly oppose it.
Category: european commission
EU Council gives final approval for new TEN-T regulation
The EU Council finally adopted the revised regulation concerning the development of the trans-European transport network (TEN-T). The act still needs to be signed by the Presidents of the EU Council and the European Parliament before being published in the EU’s official journal. The regulation will then enter into force 20 days after the publication.…
Rail Baltica mainline construction takes off in Latvia
Latvia is commencing construction works on the Rail Baltica mainline. The Rail Baltica team and its international partners gathered in Riga to mark the occasion, but uncertainty remains about the final shape Rail Baltica will take. The construction of the 230-kilometre Latvian mainline will take place in stages. Initially, Rail Baltica will be working on…
Costly Rail Baltica to cut ambitions and seek funding elsewhere
As Rail Baltica’s projected costs are mounting and continue to grow, the project’s feasibility is in question. Uncertainty surrounding EU funding is forcing Rail Baltica to look elsewhere and readjust ambitions. As Rail Baltica eagerly awaits the results of the January application round for EU funding, discussions surrounding pan-Baltic railway continue. It is uncertain how…
EU Commission approves German rail freight scheme for 1.7 billion euros
The European Commission (EC) approved a scheme for 1.7 billion euros to support single wagonload and wagon group transport in Germany until 2029. “The maximum annual budget amounts to €320 million”, the EC specified. The measure aims at ensuring that these types of transport and the companies operating them do not cease to exist due…
Belated EU notification delays Polish rail freight terminal tax exemption
An uncompleted EU procedure is delaying a tax exemption for Polish rail freight terminals. The European Union has to approve of the exemption, as EU law considers it to be state aid that may distort competition on the European single market. An amendment to Polish tax rules exempts rail freight terminals from real estate tax.…