14 February 2025

MEMBER STATES CALL FOR MORE EU FUNDING FOR TRANSPORT

On 11 February, eleven Member States, including Estonia, Greece, Hungary, Italy, Latvia, Lithuania, Portugal, Romania, Slovakia, Spain, and Czechia, sent a letter to the European Commission calling for financial support to be prioritised for the development of the trans-European transport network (TEN-T) in the next EU budget.

The signatories stressed that the successful implementation of the TEN-T revision depends on sufficient financial resources and new funding instruments. While acknowledging the role of the European Investment Bank, they underlined that EU co-financing is essential and should not be subject to excessive conditions. The letter echoed findings of the Letta and Draghi reports, highlighting that the lack of cross-border links is a significant obstacle to the proper functioning of the Internal Market and that delays in completing the TEN-T network would undermine the EU’s competitiveness.

Looking ahead to the next Multiannual Financial Framework, Member States stressed the importance of securing adequate EU co-financing for transport infrastructure projects. They called for a robust, centrally managed Connecting Europe Facility (CEF) with increased financial ambition to support the completion of major cross-border projects. Given the complexity of large-scale cross-border projects, the letter also emphasised that effective coordination and synchronised timelines between Member States are crucial to ensuring timely completion of the TEN-T network.

Source: Government of the Czech Republic