16:29, 8.07.2008 Romanian Passenger Rail Co CFR Calatori Plans 7% Ticket Price Hike As Of Aug 1

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BUCHAREST / 16:29, 8.

07.2008 Romaniaa€™s state-owned passenger rail company CFR Calatori asked the Transport and the Finance Ministries to approve a 7% price increase for train tickets as of Aug 1, citing high inflation"If the increase isn’t approved for Aug 1, the hike will take place as of Sept 1," CFR Calatori general manager, Alexandru Noaptes, told a news conference Tuesday.He explained the request for price increases complies with current laws, which stipulates ticket prices may be...

Read the whole story in: Mediafax