Germany To Inject More Money Into Deutsche Bahn Rail Network: Bild

www.oann.com | 11/23/2018 | Staff
josh567 (Posted by) Level 3
BERLIN (Reuters) – The German government wants to inject some 50 billion euros ($57 billion) into upgrading the national rail network over the next decade, mass-selling Bild newspaper reported on Sunday.

State-owned rail operator Deutsche Bahn is under pressure to improve its services and reduce train delays that have become an irritation for commuters.

Company - Strain - Debt - Mountain - Euros

The company is also facing financial strain. It has a debt mountain of 20 billion euros and its financing deficit is expected to hit 5 billion euros by 2023.

Deutsche Bahn has a deficit of 1.2 billion euros a year in costs for maintaining the...
(Excerpt) Read more at: www.oann.com
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