Press releases | 15 November 2016
More EU transport budget for the benefit of Europe
30 European transport associations, representing infrastructure managers, operators, local authorities, users and equipment suppliers in the maritime, inland waterways, railways, road, cycling, aviation and intermodal sectors, call on the European Parliament and the Council to approve the initial Commission proposal for the review of the Multi-Annual Financial Framework.
Nonetheless, the transport sector warns that this cannot be considered sufficient to complete the Trans-European Network for Transport (TEN-T). The Connecting Europe Facility (CEF) is the financial lifeline of the TEN-T network. From a CEF total budget of 31 billion euros (2.8% of the overall MFF), only EUR 2 billion are left to co-fund transport projects of high European added-value until 2020.