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EU transport budget faces €5.2 billion cut amid German rail freight charge rise

Original: EU transport budget faces €5.2 billion cut as German rail freight charges rise http:// dlvr.it/TVzZQk # Business # RailN

The European Union is facing a reported €5.2 billion cut to its transport budget, coinciding with rising charges for rail freight in Germany. The link between the two developments is drawing attention from the rail industry, which argues that higher freight costs at a time of reduced EU transport funding could undermine efforts to shift goods from road to rail across Europe.

Why now: Rail industry observers are concerned that combining funding cuts with higher German freight charges will hurt Europe's modal shift to rail.

European UnionGermanyrail freight sector

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