EU funds to Rail Baltica decrease by 10%

It is estimated that the Rail Baltica project for Lithuania, Latvia and Estonia would cost around LTL 12 billion (EUR 3.48 billion), of which 75% will be funded by the European Union (EU). Such were the figures given by Lithuanian Transport and Communications Minister Rimantas Sinkevicius after the Cabinet's sitting Wednesday on the Rail Baltica project's feasibility study.... Read more...