Press Release: European Commission allocates more than EUR350 million to major trans-European transport network projects

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Series Details IP/05/1112 (8.9.05)
Publication Date 08/09/2005
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The Commission on 8 September 2005 allocated €356 million for studies and construction work for the trans-European transport network (TEN-T) projects. The priority projects alone were to receive almost 85% of this amount. More than 70% was allocated to railway projects and 20% to intelligent and innovative transport systems such as railway interoperability systems. Projects and studies receiving significant support, often on top of subsidies granted in previous years, included the Galileo project and the future Lyon-Turin and Brenner trans-Alpine rail links.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1112&format=HTML&aged=0&language=EN&guiLanguage=en
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