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Congestion Charges Still Losing Money

Published onsdag 20 februari 2008 kl 10.49
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The newspaper “Dagens Nyheter” reports that it will take longer than expected for Stockholm’s congestion charge system to start paying for itself.

Experts had expected the project would show a profit after its first year, but according to the newspaper, that wouldn’t happen until 2011. One reason is that the trials two years ago were twice as costly as expected.

Meanwhile, the ruling Social Democrats in Sweden’s second city, Gothenburg, have reversed their previous opposition to congestion charges. But they set two conditions: that charges only be introduced after a local referendum, and that the funds collected all go to public transportation and local road construction.

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