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Sweden Today

Swedish news in English

Wednesday, October 16, 2024

Stockholm Tramway Faces Funding Crisis

Published: 2024-06-17

Stockholm's planned tramway project, Spårväg syd, is facing cancellation due to funding issues.

Originally budgeted at four billion kronor, costs have now risen to 6.2 billion kronor due to inflation and rising prices.

Local politicians are frustrated by the national government's refusal to allocate additional funds.

This decision jeopardizes thousands of new homes and exacerbates regional imbalances.

Local leaders continue to seek a meeting with top officials to resolve the issue.