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Visegrád group preparing for its largest-ever rail project, says Hungarian FM

Visegrád group preparing for its largest-ever rail project, says Hungarian FM

The high-speed railway to connect Budapest, Bratislava, Ostrava and Warsaw will be one of the most ambitious projects the Visegrád Four countries have ever launched, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said after talks with Vazil Hudak, vice-president of the European Investment Bank (EIB), in Budapest on Thursday.

The feasibility study is already in the pipeline, with the four countries expecting the EIB to part-finance the project, the foreign ministry said in a statement.

Both sides expressed pleasure over the recent establishment of an EIB V4 platform.

Szijjártó assured Hudak that Hungary would continue to support the EIB’s lending operations in the Western Balkans and the Eastern Partnership countries.

Source: MTI

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