‘Old Europe’ gets millions in EU transport money

Report from the annual conference of the trans-European transport network (TEN-T) programme on 21-22 October 2009 in Naples, Italy.

The European Commission announced the first group of projects that will benefit from a total of €500 million worth of investment in vital transport infrastructure projects across the EU. The grants will be allocated under the Trans-European Transport Network (TEN-T) programme, which helps to fund works to build missing transport links or remove bottlenecks in order to enable people and goods to circulate quickly and easily between Member States.

The €500 million package constitutes a vital part of the Commission's response to the economic crisis. The funding announced in October 2009 will go towards projects in Austria, Belgium, Germany, Spain, France, Hungary, Italy, the Netherlands, Portugal, Sweden and the United Kingdom. A second group of projects benefitting from TEN-T funding will be announced later in 2009.

European Commission: Press Release: IP/09/1558: EU invests first part of €500 million worth of TEN-T funding in infrastructure works http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/1558&format=DOC&aged=0&language=EN&guiLanguage=en

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