New €1 billion package for pan-European digital projectsFebruary 28, 2014
Funding Scheme: 2014-02-28
Pgm2014 2020: Yes
As part of the Connecting Europe Facility, an ambitious UE framework that aim to make pan-European communications more effective and foster the integration of the continent, the Parliement has just validated a €1 billion financing scheme for high-speed broadband and cross-boarder digital services projects.
Today the European Parliament approved a €1 billion investment package to support pan-European digital projects and high-speed broadband networks. Members of the European Parliament voted in their Plenary session to support the digital part of the Connecting Europe Facility proposed by the Commission in 2011 to improve Europe’s transport, energy and digital networks.
In October 2011, the proposed a Connecting Europe Facility (CEF) as part of the multi-annual financial framework (MFF) to support transport, energy and digital infrastructure projects (IP/11/1200).This included a budget of €9.2bn for CEF digital of which €7 billion would support investment in high-speed broadband (leveraging between €50 and 100 billion of public and private investment) and the remaining amount to support public interest digital service infrastructure (MEMO/11/709).
At the February 2013 European Council, funding available for CEF digital under MFF was reduced to €1 billion and the Commission had to fundamentally reorient its plans for the scheme.
Under the proposal endorsed by the European Parliament today, the majority of funding will support digital services such as infrastructures, pan-European platforms and seamless cross-border public services such as eProcurement, eHealth, or Open Data. 15% of the budget has been earmarked to support broadband, projects of which at least one third shall aim at speeds of 100 Mb per second or above.
Url description: Press of the Commission