ÖBB awaits €33bn

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The Austrian government coalition has decided to inject more than 30 billion Euros into Federal Railways (ÖBB). Werner Faymann’s Social Democrats (SPÖ) and the team of People’s Party (ÖVP) ministers agreed yesterday (Weds) to support the railway company with 33 billion Euros. The money will be invested in the coming years. The subsidisation is supposed […]