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Europe Daily Bulletin No. 8897

26 February 2005
Contents Publication in full By article 16 / 48
GENERAL NEWS / (eu) eu/transport
Commission's go-ahead to SNCF restructuring plan foreseen for 2 March

Brussels, 25/02/2005 (Agence Europe) - In principle, the European Commission is expected to approve, on 2 March, the restructuring plan for the freight division of the Société national des chemins de fer français (SNCF). The plan provides for an allocation of EUR 1.5 billion to the sector: 800 million from the French State and 700 million from the SNCF. The Commission's go-ahead will be accompanied by several conditions, including: early opening of the French cabotage market for freight...

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