Germany’s federal government has reached an agreement to invest 86 billion euros (£73.5bn) in the ‘largest ever’ modernisation programme of the country’s rail network.
The funding settlement for the next decade comprises 62 billion euros (£53bn) from government (an increase of 59% compared with the current funding period from 2015-19), and 24.2 billion euros (£20.7bn) from the state operator DB (a 41% rise over current levels).
We've read it in: International Railway Journal, September 2019, p8
