EU inquiry into Budapest-Belgrade high-speed railway project

The European Commission is investigating the planned 350-km high-speed railway between Budapest and Belgrade. The investigation is “assessing the financial viability of the USD 2.89 bn railway and looking into whether it has violated European Union laws stipulating that public tenders must be offered for large transport projects.” According to a European Commission spokeswoman, the dialogue between the Commission and national authorities is in progress.
The Hungarian cabinet did not deny the EC probe but said it had signed the agreements with China, including an annex explaining how it had complied with EU procurement law, following consultations with Brussels.


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