European Union funding for
the the high-speed rail (TAV) line between Turin and Lyon will
be cut if the timeframe for the project is not met, a European
Commission spokesman said Wednesday.
"It's important that all parties make efforts to complete
(the TAV) within the timeframe," he said after Transport
Minister Danilo Toninelli met earlier this week with French
counterpart Elisabeth Borne and claimed France had agreed the
project should be frozen while a cost/benefit analysis is
carried out.
"As for all the projects of the Connecting Europe Facility,"
the spokesman said, "if there are delays in their realisation
they may see a reduction in the funds supplied" by Brussels.
"It's an important project not only for France and Italy but
for the whole EU.
"Therefore we hope that the parties are able to execute it in
the scheduled timeframe".
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