Ross delays decision on Iarnród Éireann funding

Ross delays decision on Iarnród Éireann funding

The rail company is still at risk of insolvency with an annual funding shortfall of over €100 million

Minister for Transport Shane Ross has put off making any decisions on tackling the funding crisis in Iarnród Éireann for another three months.

The rail company is still at risk of insolvency with an annual funding shortfall of over €100 million which needs to be made up either through more investment, rail-line closures or a combination of both.

Its chief executive David Franks recently warned that trains on rundown railway lines would have to be...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post