16-10-2013, 11:30
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#1
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Really Really Regluar Poster
Join Date: Jun 2010
Posts: 2,146
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CIE funding reduced by 18 million (7%) in 2014
http://www.independent.ie/business/b...-29663555.html
Quote:
Funding to subsidise the cost of operating loss-making services has been reduced by €18m, or 7pc, heaping more pressure on the CIE group of companies including Bus Eireann, Dublin Bus and Iarnrod Eireann.
The companies have already sought fare increases from the National Transport Authority, and a decision is expected over the coming weeks.
If approved, it will be a further blow to commuters who experienced two increases last year alone.
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Where will this leave IE's problems?
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