Thursday, July 16, 2015

Commission's record €13.1 billion investment plan for transport endorsed by Member States (via TRIP)

Today (10th July) the Commission's record €13.1 billion investment plan for the transport sector is coming closer to reality, after EU Member States approved the list of projects to receive funding under the Connecting Europe Facility (CEF). Meeting today, the CEF coordination committee, composed of representatives of the 28 Member States, issued a positive opinion on theproposalput forward by the Commission on 29 June. Along with the€315 billion Investment Planpresented by the Commission in November 2014, the CEF will deliver on one of the Commission's top priorities: bridging the investment gap in Europe to create favourable conditions for the creation of jobs and growth.

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