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

  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Czech infrastructure budget approved
    October 31, 2016
    The Czech government has set the 2017 budget for the Transport Infrastructure Fund at €3.03 billion. The budget includes European Union subsidies of just over €1.1 billion and a state budget contribution of €1.9 billion. The largest share of the funds will go towards construction and repair of roads, with nearly €1.7 billion allocated to the state road and motorway management company RSD. Around €111 million from the 2016 budget will be transferred to the 2017 budget for repairs of class II and III
  • Poland plans push-starting project
    February 28, 2012
    In the wake of the difficulties in Poland over the withdrawal of Chinese contractor COVEC from the A2 highway project, the country's government is now looking for a way ahead.
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.