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Austrian Railways: € 33bn Investment Package Resolved

Published: April 19, 2012; 14:38 · (Vindobona)

The Austrian National Council decided the infrastructure package for ÖBB (Austrian Railways). Until 2017, investments of € 33bn will be made.

Austrian Railways: € 33bn Investment Package Resolved / Picture: © Flickr

SPÖ and ÖVP, the governing parties, resolved the infrastructure package. Investments in the railway infrastructure will burden the Austrian budget by € 26.67bn until 2017. Furthermore, the Austrian state has to gran subsidies of € 6.21bn. The opposition parties FPÖ, Green Party and BZÖ declined the act. The opposition asked whether the investments are reasonable. Especially the…

This article includes a total of 123 words.

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