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General

EU Council approves Connecting Europe Facility

Monday 9 December 2013 | 08:58 CET | News
The European Council of telecom ministers has adopted the regulation creating the Connecting Europe Facility (CEF), a funding instrument for transport, energy and telecommunications networks across the EU. Part of the EU's economic stimulus package agreed last year, the CEF is worth in total EUR 33.24 billion over the next EU budget period of 2014-2020. Of the total, EUR 1 billion will be available for telecommunications, including funding for new broadband projects in cooperation with the European Investment Bank and financing of e-government services. The Council also discussed the proposal

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Categories: General
Countries: Europe
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