Press Release: Transport infrastructure: Vice-President Siim Kallas announces the release of the first €12 billion for projects in the transport sector

The Commission adopted on 26 March 2014 a decision making the first 12 billion € tranche available for projects of the trans-European transport network.

The budget will boost key projects of the nine core network corridors and help advancing transport policy objectives such as the achievement of interoperability, the promotion of inter-modality and the stimulation of innovation. It is vital for bridging the gap between the East and the West of the Union.

ESO: Background information: Communication From The Commission Building the Transport Core Network: Core Network Corridors and Connecting Europe Facility http://www.europeansources.info/record/communication-from-the-commission-building-the-transport-core-network-core-network-corridors-and-connecting-europe-facility/

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