Skip to main content

Polish budget switch

The EC is not keen for Poland to use rail funds for roads.
March 2, 2012 Read time: 1 min
The EC is not keen for Poland to use rail funds for roads. This became clear during talks between Poland's Ministry of Infrastructure and the 2465 European Commission (EC). This means that funds worth €1.2 billion originally allocated for rail projects will not be transferred to road spending. A final ruling by the EC has yet to be made, although Poland may appeal. The Polish Government wanted to reallocate the rail funds to the road programme to make up for budget spending cuts.

For more information on companies in this article

Related Content

  • Loans will help fund Kazakhstan road project
    May 16, 2013
    The International Bank for Reconstruction and Development (IBRD) is providing an infrastructure loan that will help fund a key road project in Kazakhstan. A major portion of this funding will be used to construct a key 79.5km portion of the new international transit corridor connecting Western Europe with Western China. The US$1.07 billion funding package is being provided by the IBRD for 19 years with a five-year grace period and the deal was agreed between the IBRD and the Kazakhstan Government. Further
  • Europe’s construction activity shows some optimistic signs
    July 10, 2012
    A cautiously optimistic report has been published by the European Construction Industry Federation (FIEC), which shows activity levels continue to fall. The FIEC’s recently released annual statistical report provides a comprehensive review of construction activity in Europe and shows business levels have improved slightly in some sectors. “The EU total construction output amounted to €1,208 billion in 2011, which represents a growth of 1.4% compared to 2010”, stated FIEC vice-president Jacques Huillard, in
  • UK’s Annual Local Authority Road Maintenance – ALARM – survey
    June 16, 2017
    Within years, one in six UK local roads will need repairs or face closure, according to the latest Annual Local Authority Road Maintenance – ALARM – survey. The cumulative effect of an ageing network, decades of underfunding, increased traffic and wetter winters has led to around 17% of all UK local roads reportedly in poor structural condition, with less than five years of life remaining. The 22nd annual ALARM survey is a comprehensive study into local road maintenance funding and conditions. Local authori
  • Armenia north-south highway route
    October 9, 2017
    Plans are being drawn up in Armenia for the new North-South Highway project.