Federal Railways: Debt Burden € 15.2bn

People ♦ Published: November 5, 2011; 19:07 ♦ (Vindobona)

The Austrian Minister of Infrastructure, Doris Bures, announced the amount of debt for Austrian Federal Railways and Asfinag.

Federal Railways: Debt Burden € 15.2bn / Picture: © Wikimedia Commons / Christian Jansky [CC BY-SA 3.0]

Doris Bures had to explain her budgetary plans to the budgetary committee of the Austrian parliament. On this occasion, the debt level for the two infrastructure holding companies ÖBB (Federal Railways) and Asfinag (Highway Financing Company).

The debt burden for ÖBB amounts to € 15.2bn, Asfinag´s debt level is € 11.0bn. This year, Asfinag caused no public payments, but a…

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