TITLE

Sound finances are required to prevent a two-tier railway

AUTHOR(S)
Lochman, Libor
PUB. DATE
February 2010
SOURCE
Railway Gazette International;Feb2010, Vol. 166 Issue 2, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the European rail industry needs a sustainable financial architecture to comply with the policy objectives outlined in the European Commission's "White Paper of 2010." It notes the financial woes facing several national railways and infrastructure managers in the Central and Eastern European (CEE) region. It cites high track access charges as one of the factors that contribute to the industry's lack of competitiveness. Particular focus is given to the three core elements of the financial architecture needed by the industry.
ACCESSION #
48458006

 

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