This short-term outlook edition coincides with the unfolding of the Covid-19 crisis, making the exercise exceptionally challenging. Market forecasts are based on market intelligence available at the beginning of April 2020 and reflect the Covid-19 impact to the extent possible, with all the caveats and limitations in view of the rapidly evolving situation. In addition, for the first time market outlooks are presented for EU-27, and assume a frictionless trade between the EU and the UK in 2020.

Over 65 participants from national administrations, international organizations, non-governmental organizations and the private sector discussed, over a number of sessions, the role of innovation in the sector and good practices that are helping develop the railways across the region.