The Danish government has shelved the plans for a road toll scheme for Copenhagen. The decision has been welcomed by opposition parties, and the government is now set increase funding for public transport so that ticket prices can be reduced.
May 18, 2012
Read time: 1 min
The 1035 Danish Government has shelved the plans for a road toll scheme for Copenhagen. The decision has been welcomed by opposition parties, and the government is now set increase funding for public transport so that ticket prices can be reduced.
The European Commission said it will investigate the public financing for the Fehmarn Belt link to see if it in line with state aid rules.
The announcement follows the European Union General Court's annulment of a previous Commission decision approving the support.
"Today's opening of such an investigation is an invitation for all stakeholders to provide their input, which will allow the Commission to adopt a new, well-informed final decision,” said Margrethe Vestager, EU Competition Commissioner.
Transport journalist Eugene Gerden reports on why foreign companies are likely to become keener to invest in Russia’s huge array of major road construction projects The Russian government led by president Vladimir Putin is stepping-up its efforts to get greater foreign company investment in Russian road building by creating favourable trading conditions, including the elimination of bureaucratic and administrative barriers.
The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
