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Unread 20-04-2011, 20:09   #1
Colm Moore
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Default [Article] State set to cut CIE subsidy again

http://www.rte.ie/news/2011/0420/cie-business.html
Quote:
State set to cut CIE subsidy again
Updated: 17:11, Wednesday, 20 April 2011

The State subsidy to CIE will be cut again, the Transport Minister, Leo Varadkar, told the Dáil today.

He said the last government had cut the subsidy for this year by 15% to €263m, but the reality was that it would be cut again.

The Minister said he had informed all the relevant parties of this fact. He said the Programme for Government had outlined that the Government would favour public transport over roads - but the roads budget would shrink faster than the public transport one.

He accepted that a cut in the budget would impact on services.
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