No light at the end of the metro litigation tunnel
Moscow cannot extend guarantee on metro cars
Metro signed a lease-back deal with France's LFPI Group.
Metro management receives ultimatum.
Budapest Transport Company offers 12% wage hike, unions accept it.
Labour union rejects wage hike offer.
The problems have been fixed, BKV chief says.
Fault is found. Mayor apologises.
Either cabinet pays for metro 3 line renovation, or there will be no renovation at all.
Where will Budapest find the necessary funds?
This is why Budapest can expect a gigantic fine.
Current law precludes adoption of congestion charge. EU unlikely to accept it.
Anti-fraud authority OLAF recommends repayment of EUR 228 mln to the EC and a further EUR 55 mln to the EIB.
Is it the Danube? Is it ground water? No one knows...