EUROPEAN RAILWAYS: Two Centuries of Existence in 15 Minutes!

Published: 09 November 2020
on channel: Railways Explained
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Railways will soon end two centuries of existence. Since its beginnings, the railway system of Europe has gone through different stages of development: from sudden EXPANSION and widespread use, through the periods of NATIONALIZATION of private railway companies and STAGNATION and accumulation of debts, to a long-lasting DECLINE which required radical measures and REFORM.

This video summarizes two centuries of existence and development of European railways, specially in regards to the relation between the Governments and railway companies. It is structured in such a way as to help you understand why European railways had to be reformed and restructured in previous decades.

Also it provides an insight how and why the European railway system is organized today, including the aspects such as the LIBERALIZATION of railway market, the UNBUNDLING of Infrastructure managers and Railways undertakings, the concept of Interoperability of the railway systems, the Single European Transport Market and mechanisms such as PSO Contracts and Track Access Charges.

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