New funding for the TEN-T from 2007 to 2013

Publication date: 15 July 2004

The Commission is proposing more than 22 billion euro in funding over seven years (2007-2013) for the trans-European transport and energy networks, the Galileo programme and the Marco Polo programme for non-road freight transport modes.

In the transport sector, the proposed regulation (COM(2004) 475 final - COD(2004) 0154)  provides for a budget of €20.35 billion, focuses aid on a limited number of projects and authorises aid of up to 50% of the costs of cross-border projects as an incentive in exceptional cases.

com2004_475_final.pdf (352 KB)

The aid will be subject to compliance with the objectives of modal shift and interoperability. The respective role of the Commission and of the Member States in management will be clarified. This budget, which represents a very significant increase over the previous period, will make it possible to co-finance the work on 30 TEN priority projects (costing a total of €225 billion) decided by Parliament and the Council on 29 April 2004 and programmes to deploy the European air traffic and rail management systems.