MARCO POLO EXTENSION
July 1st, 2004
KEITH NUTHALLAN EXPLOSION in the financial resources commanded by the European Union's (EU) rail-and-boat freight programme Marco Polo has been proposed by the European Commission. It wants EU ministers to extend its formal expiry from the current 2010 to 2013 and moreover - inflate its budget for 2007-13 to Euro 750 million; Marco Polo only commands Euro 75 million for 2003-6 (for the old 15 member EU). The Commission wants additional money to take account of the 10 new eastern and southern European member countries, and also spend money on introducing fast ...
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