EU: Commission opens investigation into Fehmarnbelt financing

An investigation has been launched into whether the public financing model for the Fehmarnbelt road and rail link is in line with European Union rules.

The European Commission’s investigation will look into Denmark’s public financing model for the fixed rail-road link between Denmark and Germany. The decision to investigate follows the EU General Court’s annulment of a previous European Commission’s decision approving support.

Commissioner Margrethe Vestager, in charge of competition policy, said, “The Fehmarnbelt link will contribute to the cross-border integration of the two regions it will connect. The Commission previously approved support measures for the financing of the link in 2015, but the Court annulled this decision, finding that the Commission should have opened an in-depth investigation. Today’s opening of such an investigation is an invitation for all stakeholders to provide their input, which will allow the Commission to adopt a new, well-informed final decision.”

Full Content: The Construction Index

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.

RECOMMENDED FOR YOU
 


More Articles