EU's €23bn for high-speed rail had 'low added value'

The EU has spent €23.7bn on high-speed railway projects since 2000, but this co-funding was of "low added value", the European Court of Auditors said in a report on Tuesday (26 June).

It said it was "very unlikely" that a target for tripling the length of Europe's high-speed rail network by 2030 could be achieved, and that a pan-European approach is missing.

"The decision to build high-spe...