Baltic states seek EU co-financing for Rail Baltica

The Baltic states have met the deadline for submitting an application for EU  co-financing for Rail Baltica (RB), the railway line that will cross these countries in a North-South direction and continue on to Warsaw. Funding of €618 million has been requested. Additional amounts will be sought in a subsequent request. Estonia, Latvia and Lithuania are counting on 85% EU co-financing under the Connecting Europe Facility (CEF) for estimated total costs of €3.7 billion to €5.2 billion. The Baltic states…