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Europe Daily Bulletin No. 12889

12 February 2022
SECTORAL POLICIES / Transport
European rail sector loses almost €50 billion since start of health crisis
Brussels, 11/02/2022 (Agence Europe)

The rail sector has lost €50 billion since the start of the Coronavirus pandemic. This is the conclusions of a study undertaken by the Community of European Railways (ERC), which estimates losses for the sector stand at more than €27 billion for 2020 and some €23 billion for 2021.

These losses, which represent almost 33% of annual turnover, mainly affect passenger transport. With regard to this, losses amount to €46 billion, which represents a share of almost 41% of turnover in...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SOCIAL AFFAIRS
NEWS BRIEFS