Meanings of annual subvention in English

Instead, the annual subvention was actually cut by 5 per cent to €2.57 million in 2003.

The contracts will replace the annual subvention for running uneconomic services and CIE will be fined if it does not reach certain performance standards.

CIÉ turned a €21.9 million surplus in 2000 into a €7.8 million deficit last year, despite an increase in its annual subvention.