Lithuania: Rebuilding Mazieikiai-Renge railway to cost EUR 20mn11.10.2017 Lithuania: Rebuilding Mazieikiai-Renge railway to cost EUR 20mn
L24.lt, 11 Oct 2017, online:-
Lithuania would seek a compromise solution to a dispute over the European Commission's (EC) EUR 28mn fine on the state-owned railway company, Lietuvos Gelezinkeliai (LG), Lithuania's Minister of Transport and Communications, Rokas Masiulis, said. Speaking in an interview with Lietuvos Radijas, Mr Masiulis said Lithuania would propose rebuilding a railway track from Mazeikiai to Renge so as to avoid paying the fine. Rebuilding the railway track could take 1.5 years and cost nearly EUR 20mn, he estimated. Protesting the fine itself and the method of calculation might be possible as well, the minister suggested. The deadline for appealing against the fine was 18 December 2017.
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