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Berlin airport ‘bankrupt by October’ without €300 million injection

Berlin’s long-delayed BER airport is set to go bankrupt by the end of October 2020 unless it receives a cash injection of €300 million, according to a report.

Berlin airport ‘bankrupt by October’ without €300 million injection
Berlin's BER airport. Photo: DPA

It is the latest setback for the airport, which is still yet to open its doors despite an original opening date of October 2011. 

Berlin’s Tagesspiegel newspaper reports that the airport will be bankrupt by October 31st, 2020 unless it receives a new cash injection of €300 million.

READ: Inside Berlin's long-delayed BER airport

October 31st, 2020, remains the airport's projected opening date. 

Federal Finance State Secretary Bettina Hagedorn, of the centre-left Social Democrats (SPD), wrote to the budget committee of the Bundestag to ask for the funding. 

'No risks' ahead of Berlin Brandenburg (BER) airport opening in October 2020 

The €300 million is made up of €99 million to be transferred immediately, along with €201 million to be paid as a loan. 

The debacle does not end there, however.

The Tagesspiegel reports that internal documents reveal the airport will need up to €700 million, in a ‘worst case scenario’, i.e. where traveller numbers stay low due to the continuation of the pandemic.

The airport’s woes have been compounded by the pandemic.

READ ALSO: The never-ending story: How BER airport became the laughing stock of Berlin

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Could sleeper trains offer Germans cheap, low-carbon travel across Europe?

Several political parties in Germany have said they want to bring back sleeper trains in order to meet carbon emissions targets.

Could sleeper trains offer Germans cheap, low-carbon travel across Europe?
A sleeper train in Austria. Photo: dpa/APA | Georg Hochmuth

The Green party have said that they want to put state subsidies into night trains that will connect Germany with cities as far flung as St Petersburg in the north and Lisbon in the south.

According to the environmentalist party’s plans, 40 night rail lines could connect 200 destinations across the continent including islands like Mallorca, which would be linked in by train and ferry.

The Greens want the EU to buy a fleet of sleeper trains that could travel at speeds of between 200 km/h and 250 km/h.

The CDU have also announced plans to rebuild the country’s sleeper train services.

Deutsche Bahn stopped its last sleeper service in 2016 citing the high costs involved in maintaining its fleet that was not recuperated through ticket sales.

Earlier this year the state owned company said it had “no plans” to purchase new sleeper wagons.

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