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International Business Times
International Business Times
World

BIZARRE: Crisis hit german rail operator reports another massive loss - What They Never Told You

Deutsche Bahn's CEO says the rail operator is facing its worst crisis in three decades (Credit: AFP)

German rail operator Deutsche Bahn reported another massive annual loss Thursday as it battles a "serious crisis" but said government plans to ramp up infrastructure spending could get it back on track.

Years of chronic underinvestment have left the train network in Europe's biggest economy in a sorry state, with passengers frequently complaining of long delays, cancelled trains and poor service.

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