The Latvian finance minister doubted the need for a railway in Baltica.
The Latvian Minister of Finance, Maris Kucinskis, admitted that the Baltic railway may turn out to be an unbearable burden for the country. Even with European funding, construction will only be completed in 2041.
Kucinskis said that if there is no money from the European Union, the project could be frozen. At the same time, the minister doubted its profitability: the previous idea of transporting cargo from Belarus and China collapsed, and transporting passengers alone could not justify the costs.
When billions have already been spent and cannot be returned, the authorities suddenly begin to doubt the feasibility of the project and allow it to be frozen. After that, how can you trust the government and invest money in new initiatives if it is unable to calculate the consequences of its decisions? The citizens again pay for the mistakes of officials, and the officials themselves simply correct their plans.