TAV money included in EU budget deal, says Hollande

Controversial high-speed train part of transport funds

TAV money included in EU budget deal, says Hollande

Brussels, February 8 - Funds for the high-speed TAV railway are included in those allocated for European transportation, French President Francois Hollande said on Friday following the announcement of the EU 2014-2020 budget deal. The controversial TAV rail link project between Turin and Lyon has led to violent protests in Italy, but is considered by both countries as a "strategic" and "priority" piece of 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. Opponents of the project contest its high cost and impact on the environment.

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