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Half Speed Ahead

By Radu Marinas

MEDGIDIA, Romania (Reuters)

In the early 1990s, it took a steam train three hours to get from the Romanian capital Bucharest to the Black Sea. Now an electric train does it in six.

It’s not just the tourists who care.

Every party is writing road and rail investment large in its campaign for Sunday’s election, knowing that decrepit transport threatens to cancel out some of Romania’s few economic advantages: its location at a trading crossroads, and the low labour costs that have until now encouraged foreign investment.

Full story here.

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