CAPTION: EVG trade union urges more investments in German rail infrastructure. (picture alliance/dpa)
The railway and transport trade union EVG has called on the German government and the Deutsche Bahn railway company to invest more in the country's rail network.
The two sides have agreed on infrastructure financing for the next 10 years, according to the trade union.
Specific numbers were not immediately available. But such a duration would be too long and would not take into account possible cost increases, an EVG spokesman said.
The negotiations are on the right track, sources familiar with the talks said on Wednesday. The new service and financing agreement is expected to be finalised in late August. The budget committee of the German parliament would then need to consider it.
The EVG estimates the investment backlog at 60 billion euros (67 billion dollars). "If the current state of negotiations prevails, the urgently needed rejuvenation of the infrastructure will not take place," the trade union said in a statement.
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