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Planned German urban transport infrastructure fund may be doubled - reports
September 1, 2017 / 3:01 AM / 24 days ago

Planned German urban transport infrastructure fund may be doubled - reports

BERLIN (Reuters) - A planned fund to improve urban transport infrastructure in Germany may be boosted to a billion euros when Chancellor Angela Merkel meets on Monday with representatives of towns particularly affected by diesel emissions, media reported.

Germany’s car industry, which employs some 800,000 people and is the country’s biggest exporter, is under intense pressure to cut diesel fumes almost two years after Volkswagen admitted to deliberately cheating U.S. pollution tests.

Regional newspapers Stuttgarter Zeitung and Stuttgarter Nachrichten said the volume of the fund, which is to be used to build more charging stations for electric cars and for switching to electric buses among other things, was likely to be doubled as long as Germany’s federal states bear some of the costs. The newspapers cited no source for the information.

Merkel had previously said some 500 million euros or more would be made available to the planned fund.

Reporting by Michelle Martin; editing by Ralph Boulton

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