Romanian Govt Approves Creation Of Bucharest Metropolitan Transport Authority

The Authority will be financed by the state budget, through the ministry's budget, from its own revenue, from external funds and other sources.

The plan to set up an authority governing every type of public transport in the capital - subway, buses, minibuses, trams, trolleybuses and regional trains - was announced in March by minister Anca Boagiu and promised to the International Monetary Fund and European Commission.

Boagiu said at the time that the Metropolitan Authority will bring "balance between surface and underground transport," and that investments will be run as always - the Bucharest City Hall will be in charge of public transport authority RATB, and state-owned company Metrorex will manage the subway.

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