EU’s Council of Ministers approves European-gauge railway to Klaipeda

The EU’s Council of Ministers has approved the construction of a European-gauge railway to the Lithuanian port city of Klaipeda. The newly approved railway is part of the revised TEN-T regulation. According to the Lithuanian transport ministry, the European-gauge railway to Klaipėda will improve transport and logistics links in the Baltic region and Eastern Europe.…

EIB to lend Czechia half a billion euros for rail modernisation

The European Investment Bank (EIB) will lend Czechia 13 billion crowns (526 million euros) for the modernisation of the country’s rail infrastructure. The money will be used to increase both freight and passenger capacity, as well as to strengthen the three TEN-T lines on Czech territory. Apart from a multitude of exclusively passenger-related projects, the…