By bne IntelliNews To modernise the nation’s rail infrastructure, the Hungarian government has submitted a request to the European Investment Bank (EIB) for a €1bn loan, it was announced on September 27. The money, topped up with an additional €1bn funding from the budget, will be used for the construction and overhaul of 500km of new railway track and security systems over four years starting in 2025, Construction and Transportation Minister Janos Lazar said. Lazar said that Hungary would not wait for EU funds suspended because the country has failed to implement super milestones required by …