The European Commission has adopted an implementing decision setting out key milestones and deadlines to complete the high-speed rail connection between Madrid and Lisbon.
This flagship cross-border infrastructure project will significantly enhance connectivity within the European Union. Unanimously supported by Member States, the decision advances the full integration of Portugal and Spain into the European high-speed rail network. By 2030, passengers will be able to travel between the two capitals in about five hours, and by 2034, in just three hours, according to the European Commission.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.