Funding failure

Latvia could ‘effectively withdraw’ from Rail Baltica as money remains a problem

Image: ANP/EPA. © Toms Kalnins

Latvia cannot seem to rid itself of funding problems for Rail Baltica. The issue has reached a new breaking point: If Riga cannot find an additional 9 million euros by Thursday, “Latvia is effectively withdrawing from the Rail Baltica project and is also halting the implementation of the project in Estonia and Lithuania”, says the transport ministry.

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Author: Dennis van der Laan

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