EU Council approves Connecting Europe Facility

News General Europe 9 DEC 2013
EU Council approves Connecting Europe Facility
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 for the new cybersecurity directive, which still needs approval from Parliament, and an EC proposal aimed at reducing the cost of broadband roll-out, which may take the form of a directive or regulation. 

In addition, the ministers debated for the first time the EC's proposed Connected Continent package of telecom market reforms. While they welcomed the aims of the proposal, such as incentivising investment, enhancing consumer rights and addressing net neutrality, many said further analysis of the expected impact of the proposal is needed. This comes amid concerns it could prompt consolidation of the market, hurting smaller players and limiting consumer choice, as well as increase centralisation and administration at the EU level. Many delegations would prefer to give priority to the finalisation of other, more mature legislative proposals, such as electronic identification and reduction of the cost of broadband roll-out, according to the council statement.  

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