economy

Brussels allocates 119 million to Portugal for the northern railway line

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The European Commission will allocate EUR 119 million to Portugal for the renewal of the northern railway line on the Ovar-Gaia section, which comes from cohesion policy funds and is designed to create “greater comfort and safety“.

According to information released today by the EU executive, with these European Union funds “passengers will benefit from shorter travel time, greater comfort and greater safety in this area“.

This concerns the modernization of the Ovar-Gaia section of the northern line, “which is part of the trans-European transport network“, points out Brussels.

In all, the European Commission will allocate EUR 4 billion under cohesion policy to 25 major infrastructure projects in 10 Member States.

In addition to Portugal, the beneficiaries are Bulgaria, the Czech Republic, Germany, Greece, Hungary, Italy, Malta, Poland and Romania.

The projects cover a wide range of areas: health, transport, research, environment and energy“, notes Brussels, adding that, with national co-financing, total investment in these projects amounts to โ‚ฌ 8 billion.

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