On Monday 17 July, the European Commission announced that it had authorised a €125 million Italian State aid scheme designed to modernise and make safer the rolling stock used to transport goods.
The aid will go to railway undertakings or companies leasing rolling stock used on Italian territory in the form of a direct subsidy covering part of the cost of purchasing new equipment (freight cars and locomotives).
The amount of aid allocated per beneficiary will cover up to 30% of the cost...