The North East Link has more than doubled in cost since it was first announced with another $10 billion blowout piling even more pressure on […]
Category: truck tolls
‘Germany is not short in money to keep financing railway projects’
Despite the significant budget cuts expected for the 2024-2027 period, Peter Westenberger, the managing director of the industry association Die Güternbahnen, is convinced that there are still enough funds to continue carrying out critical railway expansion and upgrade works in Germany. “There is no shortage of money in Germany,” he said, underlying that a Swiss […]
Germany: long-term infrastructure projects also affected by budget cuts
The German Federal Government has officially approved the reduced transport budget for 2024. After some amendments in the sums to be cut and the sectors they will affect, the German parliament greenlit it. In addition to reduced financial support for the current year, the German rail sector will also be affected by cuts in long-term […]