Day: December 20, 2012

AVE prices slashed to stop trains running empty

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Ana Pastor, the national Minister for Development, has announced that as from 2013 her department will slash ticket prices on all AVE (high speed trains) as they are currently “astronomically high”. Ana told TVE1 today that despite Spain having an efficient and fast high speed train network, the trains are running half empty as people just can’t afford the ticket prices. The news came after a national survey by her Ministry identified 175 AVE stations Continue reading AVE prices slashed to stop trains running empty→

Cadiz port area must pay back 80% of all EU cash after it couldn’t tell Brussels where the money went

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The “zona franca” of Cadiz, the huge port and logistic area which acts as the main import/export area for Southern Spain, must pay back 80% of all EU money received over the last few years as it cannot account for how it was all spent. The Zona Franca management has admitted to the EU that the money appears to have been spent on vanity projects, wages, financing its outstanding debt with the banks (currently 150 Continue reading Cadiz port area must pay back 80% of all EU cash after it couldn’t tell Brussels where the money went→