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Eric Baldwin – Luxembourg Becomes First Country to Make All Public Transit Free

Summary:
Luxembourg is set to become the world's first country to make all of its public transportation free. The newly re-elected prime minister Xavier Bettel and the coalition government have announced that they will lift all fares on trains, trams and buses next summer. Taking aim at long commutes and the country’s carbon footprint, the new move hopes to alleviate some of the worst traffic congestion in the world. Arch Daily Eric Baldwin - Luxembourg Becomes First Country to Make All Public Transit Free

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Eric Baldwin - Luxembourg Becomes First Country to Make All Public Transit Free

Luxembourg is set to become the world's first country to make all of its public transportation free. The newly re-elected prime minister Xavier Bettel and the coalition government have announced that they will lift all fares on trains, trams and buses next summer. Taking aim at long commutes and the country’s carbon footprint, the new move hopes to alleviate some of the worst traffic congestion in the world.

Arch Daily

Eric Baldwin - Luxembourg Becomes First Country to Make All Public Transit Free

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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