Rome

Senate approves 2.25 billion euros over 13 years for TAV

Stability bill amendment adds 2.25 billion for rail line

Senate approves 2.25 billion euros over 13 years for TAV

Rome, December 19 - An allocation of 2.25 billion euros for the controversial TAV high-speed rail link project between Italy and France was approved Wednesday night by the Senate budget committee. The allocation was included in Italy's stability law, which also includes next year's budget measures and is being reviewed and finalized by the Senate. The government wants to see the bill passed by Friday. Italy and France have agreed to begin building the controversial high-speed rail link between Lyon and Turin in 2014. Both countries say that the high-speed rail - which has led to violent protests in Italy - is a piece of "strategic" and "priority" infrastructure for the entire European Union. Italy has also said the high-speed rail project, known in Italy as the TAV, is an important driver of economic growth.

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