Ministers: Up to unions and Bus Éireann to solve crisis
Public Expenditure and Reform Minister Paschal Donohoe has said the subvention for Public Service Obligation (PSO) routes has already been increased and the problem lies with the company’s commercial arm.
Bus Éireann is under major financial strain and could go out of business within two years if a plan to drastically cut costs is not agreed. it is losing €6m a year, mainly due to increased competition from private operators on its commercial Expressway routes.
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