Subsidy for rail freight rolling stock in Italy will remain after all

Despite recent concerns, the Italian government will not cancel a measure aimed at helping companies purchasing rail rolling stock. A total of 115 million euros, thus, will still be deployed to cover 20 per cent of the costs retroactively to 2021.
Fears of a cancellation of this measure surfaced in March, when the Italian Chamber of Deputies started discussing cutting the funds, despite they had already been allocated. “It is not possible to cut already allocated resources that have generated investment”, Clemente Carta, president of Fermerci, the main Italian rail freight association said back then.

Fermerci was the most vocal against the possible decision of cutting the funds. Throughout the past few months, the association has been sending amendments to the Italian government to stop the cancellation of the measure. One of the main points raised by Giuseppe Rizzi, the association’s general manager, is that companies already invested significant amounts of money to improve their fleet as some of these expenses were meant to be reimbursed.

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