Latvia to reallocate Cohesion Funds from failed train procurement

The Latvian Government has announced that it will reallocate in the region of €150m of funding from its failed attempt to procure 34 electric trains and 7 diesels.

Albeit that the funding is being redirected to other infrastructure projects, don’t expect this to go down easily with the Commission.

http://tinyurl.com/boauvwb

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