Student Agency considering abandoning train project

A planned high-speed luxury rail link between the Czech cities of Prague and Ostrava has been thrown into uncertainty as its backer considers shifting the project to Slovakia. The company behind the project, Student Agency, which has hitherto specialised in coach travel, is reportedly considering the shift abroad because of a controversial decision by the government to funnel transport investment financing through a state owned company known as the Rail and Transport Authority or SŽDC. Specifically, a 12 billion crown government investment into the Czech rail network has bought harsh protests from Student Agency, which has threatened to make a complaint at the European Court, stating that this form of government support is harming the private sector.