EU Parliament has approved financing EUs' railways

Connecting Europe has been approved by EUs Parliament

The European Parliament approved yesterday its report on the Connecting Europe Facility Programme under the Multiannual Financial Framework of 2021 to 2027. This means an overall increased budget for transport of EUR 37.8 billion.

Rail plays a crucial role in the EU’s economic growth and completion of the Single Market. The Connecting Europe Facility is the key financing both missing links and bottlenecks of the core Railway Corridors. The Connecting Europe Facility will  strengthen rail as the backbone of sustainable mobility in Europe.

Source: CER / EIM / Unife press release

Created Thursday, December 13, 2018

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