Rail Baltica project signs over 353 million euro grant agreement with the European Climate, Infrastructure and Environment Executive Agency
Today, the Rail Baltica joint venture of the Baltic States RB Rail AS announced signing additional cross-border Grant Agreement on the Connecting Europe Facility (CEF) funding for the Rail Baltica global project. The total budget under this agreement is 422,7 million euros, out of which the CEF contribution will be 353,9 million euros or maximum 85%, whereas the remaining financial contribution will be provided by the governments of the three Baltic States.