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The virtuous circle remains elusive

By Murray Hughes 2006-03-01T11:00:00

’CURRENT market prices are not compatible with an economically sound roll-out.’ Not only that, but they are ’much too high to encourage a rapid migration’. Taken from a UIC-CER-EIM declaration, these phrases leave little doubt over the scale of the problem facing Europe’s railways and their suppliers as they grapple ...

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