The German Federal Government has officially approved the reduced transport budget for 2024. After some amendments in the sums to be cut and the sectors they will affect, the German parliament greenlit it. In addition to reduced financial support for the current year, the German rail sector will also be affected by cuts in long-term […]
Category: German federal budget 2024
Germany: federal government approves amended rail budget cuts
The majority of the German coalition government has approved the proposed budgetary cuts for 2024. Concerns that rail transport would receive considerably less funds for the running year are now confirmed. Nevertheless, the situation is better than initially expected since the government made some essential adjustments. The expectation from the draft budget 2024 was that […]