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 for Albanian roads
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More
  • Ireland's budgert cuts impact on road projects
    May 14, 2012
    Ireland’s government is undergoing a period of belt-tightening, with a string of budget cuts that will directly impact on the transport sector. The country was in the process of spending heavily on its infrastructure but with the tough economic climate it is now facing, a number of road projects are among those facing the axe. The Irish government is slashing its infrastructure spending from €39.6 billion to €22.9 billion between now and 2013. This looks likely to result in 40 road projects, including hig
    Read More
  • Komarno bridge on schedule despite cost and environmental protests
    July 13, 2018
    Slovakia’s transport minister said he will do everything possible to finish on time a new bridge connecting Komano with the Hungarian town of Komarom. Construction started last year on the €117 million bridge over the Danube River between the Hungarian town of Komarom and the Slovak town of Komarno. Around 85% of the cost of the bridge - designed by Hungarian engineering firm Pont-Terv - will be covered by European Union’s Connecting Europe Facility. Completion is planned for winter 2019. Transport m
    Read More

Highlighted Content