The Transport Minister has downplayed reports that Irish Rail could go bankrupt if it loses the tender for the country's train network.
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The contract for rail services will run out in 2019 – and the EU wants to see the rights opened up to bids from competitors.
Trade unions are warning there could be industrial relations chaos if Irish Rail loses the contract – while experts say the company could then fail to pay its debts.
Minister Paschal Donohoe says he has no such fears.
