EU approves state assist for Dutch rail transport

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FILE PHOTO – European Competitors Commissioner Margrethe Vestager addresses a information convention on U.S. chipmaker Broadcom in Brussels, Belgium October 16, 2019. Information/Yves Herman

BRUSSELS (Information) – The European Fee stated on Tuesday it accredited 22.2 million euros in state assist for an improve of freight locomotives site visitors administration tools within the Netherlands, saying the assist wouldn’t distort EU competitors.

“It’ll enhance the competitiveness of European railways and foster the shift of freight site visitors from highway to rail, in keeping with the EU’s environmental and transport targets, with out unduly distorting competitors,” the EU’s competitors chief Margrethe Vestager stated in an announcement.

Reporting by Marine Strauss @StraussMarine, enhancing by Robin Emmott