Press release - Connecting Europe Facility: provisional deal on next generation programme

Around 10 billion allocated to cross-border transport projects will come from Cohesion Funds and will help EU countries complete missing transport links.

Metadata

Provider:

URL:

https://www.europarl.europa.eu/news/en/press-room/20210308IPR99406/

Retrieved on:

Friday, March 12, 2021

Information

Tags:

Organizations, Articles, United Nations General Assembly observers, Economy of the European Union, Structural Funds and Cohesion Fund, World, European Union, Transport, European Structural and Investment Funds in Bulgaria

Summary

Key Points:

Around 10 billion allocated to cross-border transport projects will come from Cohesion Funds and will help EU countries complete missing transport links.
We need to develop further and faster transport projects to stimulate growth, be more competitive and strengthen cohesion across Europe.
Achieving the Green Deal will not be possible if we do not upgrade our infrastructure for the digital and environmental transition.
Next steps
The informal deal on the Connecting Europe Facility programme still needs to be approved by the Councils Committee of Permanent Representatives and Parliaments Transport and Industry committees, and then the Council and Parliament as a whole.