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New boss of Germany's crisis-hit railways vows 'new start'
New boss of Germany's crisis-hit railways vows 'new start'
Economy
by  AFP

The new chief of Germany's beleaguered rail network vowed Monday to make a new start, with the state-owned operator widely criticised for deteriorating services. Schnieder nevertheless vowed "many billions" would help get the network back on its feet, with 100 billion euros ($118 billion) earmarked for renewing it by 2029.