Austria taken to court over lack of financial transparency in rail sector

The European Commission (EC) is to take Austria to the Court of Justice over an apparent lack of financial transparency in the country’s rail sector.

In a statement, the EC said that Austria wasn’t working hard enough to ensure that subsidies paid for passenger transport services were being properly recorded in relevant accounts.

The EC said: “It cannot be excluded that public funds are used to cross subsidise other transport services. This could distort competition, potentially giving an unfair competitive advantage to those receiving the public subsidies.”

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