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Commission welcomes agreement on Connecting Europe Facility

Date: 10/07/2013

The Commission, the Council and the Parliament have reached an agreement on the Connecting Europe Facility, a key proposal for achieving the objectives of the Europe 2020 Strategy and the most innovative element of the next multiannual financial framework.

This Facility will help to build the railways, inland waterways, ports, electricity grids and gas pipelines. It will also contribute to the Digital Single Market that is so important to our citizens and businesses.

Transport funding allocated under the Connecting Europe Facility of the MFF (Multi-Annual Financial Framework) will effectively act as "seed capital" to stimulate further investment by Member States to complete difficult cross-border connections and links which might not otherwise get built.

Read brochure on the following link:

http://ec.europa.eu/transport/themes/infrastructure/connecting/doc/connecting/2012-10-02-cef-brochure.pdf

 
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