France to pay firm 403 million euros for scrapping ecotax toll

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Ecomouv was to run controversial 'ecotax' road toll to raise money to fund rail and other infrastructure projects, but which led to protests.

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France will pay Ecomouv net indemnity of 403 million euros (314 million pounds) in March for scrapping an "ecotax" toll road project, Italian highway group Atlantia said on Friday, reports Yahoo! News.