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06 June 2018

EU Budget 2021-2027

Commission proposes increased funding to invest in connecting Europeans with high-performance infrastructure.


As part of the next long-term EU budget 2021-2027, the European Commission is today proposing to renew the 'Connecting Europe Facility', with €42.3 billion to support investments in the European infrastructure networks for transport (€30.6 billion), energy (€8.7 billion) and digital (€3 billion).

This represents a 47% increase compared to 2014-2020, showing the EU's commitment to a well-connected and integrated Union where citizens and businesses can fully benefit from free movement and the single market. For 2021-2027, the Commission is proposing to strengthen the environmental dimensionof the Connecting Europe Facility, with a target of 60% of its budget contributing to climate objectives. This will help reinforce the Energy-Union, fulfil the EU's commitments under the Paris Agreement and consolidate Europe's global leadership in the fight against climate change.


Source / Read more:
http://europa.eu/rapid/press-release_IP-18-4029_en.htmhttp://europa.eu/rapid/press-release_IP-18-4029_en.htm

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