Brussels, 05/08/2003 (Agence Europe) - The Commission has approved the setting-up of a 50/50 joint venture between SNCF and TRENITALIA, the French and Italian rail companies. The joint venture, also known as Autoroute Ferroviaire Alpine, will provide a new rail shuttle service for lorries and semi-trailers through the Fréjus tunnel linking France and Italy and intended to ease the traffic congestion on routes crossing the Alps. The French and Italian Governments intend to give financial...