Estonia, Latvia and Lithuania will jointly apply for more funding from the European Union to cover the rapidly rising costs of the Rail Baltic line.
The three countries’ transport ministries signed a joint statement in Lithuania’s capital, Vilnius, on May 27. Estonia was represented by Minister of Infrastructure Kuldar Leis (Reform).
The ministers plan to “work together to negotiate long-term European Union funding and additional sources of money to speed up the construction of the line.”
When completed, the railway line will run from Tallinn to the Polish border. However, the project is not expected to be completed until the 2030 deadline and has more than doubled in price.
In a joint report published in June last year, Baltic auditors said another EUR 10-19 billion could be needed to complete the work. (ERR)