Brussels, 10/05/2007 (Agence Europe) - On Thursday, the European Commission decided not to raise any objections to the aid scheme proposed by the Czech Republic to support its railway activities. The Commission feels the measure would contribute to the development of railway transport and is compatible with the proper functioning of the common market. The passenger rolling stock of Czech Railways (Èeske dráhy) is very outdated and needs to be replaced so as to reduce its failure rate and...