EU transport:
11.9 billion to improve
European connections
It was announced from Brussels on 11th September that the European Commission has invited Member States to propose projects to use € 11.9 billion of EU funding to improve European transport connections. This is the largest ever single amount of EU funding earmarked for transport infrastructure.
Member States have until 26th February 2015 to submit their bids. This funding will be concentrated along nine major transport corridors which, taken together, will form a core transport network and act as the economic lifeblood of the Single Market (see map here). Funding will remove bottlenecks, revolutionise East-West connections and streamline cross border transport operations for businesses and citizens throughout the EU.