Have you heard of the EU's Fourth Railway Package?
http://www.euractiv.com/
If you search Google News for "EU's Fourth Railway Package" the first item on the list is from The Morning Star -
In the 20 years since John Major privatised our industry — a privatisation, incidentally, which even Margaret Thatcher described as “a privatisation too far” — we have seen rolling stock get older, trains get more crowded and fares go through the roof. We now have the highest fares in Western Europe, because of privatisation.
But the European Commission is determined to impose this flawed model on the rest of Europe. And, if it succeeds, it will prevent us from ever bringing the railways back into public ownership.
https://www.morningstaronline.
It is one of the reasons why the rail union ASLEF is backing Brexit.
I know from experience that Germany, France and Spain have very good and very cheap State run rail services.The EU wants to privatise all of Europe's railways. Well, why not. It has worked so well in the UK :)
As our pragmatically minded American cousins are fond of saying "if it ain't broke, don't fix it!"
The EU leaders are insane, but we knew that anyway! :)
READER: PLEASE CLICK THE REACTION BELOW - THANKS!
All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.