The Fourth Railway Package: a fair balance?
In December 2012, the existing Railway Packages were recast, with the aim of clarifying and simplifying the existing legislation - we examine.
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A fully open European rail market has been an aspiration of the European Commission for decades. Unfortunately, this aspiration has not been shared with quite the same degree of enthusiasm by all Member States - with the relevant legislation (known as the "Railway Packages") being implemented to varying degrees throughout Europe. In December 2012, the existing Railway Packages were recast, with the aim of clarifying and simplifying the existing legislation.
We hope that this is a useful tool. We have also recently had an article published in Rail Professional Magazine which looks at how investment in railways can be incentivised through the new franchise deals.
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