EU displeased with subsidies received by DB

European Commissioner for Transport, Siim Kallas, has disapproved the method of allocating state subsidies for Deutsche Bahn. He said that the “lack of transparency is a problem” as one cannot make a clear distinction between the funds allocated for infrastructure projects and those allocated for commercial operations.

Deutsche Bahn has refused to comment but informed sources said that DB observes the rules regulating governmental subsidies.

Source: www.cfo-insight.com

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