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Article: Romania: Government considers transferring RON 500 m from highways to railway infrastructure.
- Article from:
- TendersInfo
- Article date:
- November 28, 2008
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Byline: priti98
According to Curierul National, the government adopted an Emergency Ordinance for the allocation from the state budget of funds for railway infrastructure maintenance, through which it would transfer to CFR over RON 500m from the investment budget allocated for road infrastructure.
Two Emergency Ordinances were adopted, relating to the extinction of CFR's debts on the suppliers of electricity and the allocation of funds for capital and current repairs of the railway infrastructure. In the first case, the debts of at least RON 600m would be transferred into shares, and in the second, they could be taken from the state budget. ...