TEN-T priori ty axes &
and conditions on rules on financial aid to the TEN-T
2236/95 adopted by the Council of Ministers in 1995 lays
down general rules for the granting of Community financial aid
in the field of Trans-European Networks. This text covers the
period 1995 to 1999.
main terms are as follows:
The EU may only fund projects
identified in the guidelines (and shown on the maps).
The EU will fund not more than 50% of
the cost of preliminary studies (feasibility studies), and
10% of the cost of the work.
The balance must be met out of public
or private sector funds.
An environmental impact assessment must
have been made for each project.
The project must offer guaranteed
financial viability and show an adequate degree of
The project must be consistent with the
Union's other policies, notably as regards the
environment, competition and the rules on the award of
- Each project must be judged on its merits.
regulation was amended by a new text (Regulation
1655/99) adopted in June 1999 by the Council of
Ministers and European Parliament. This covers the period
2000-2006. It introduces a number of new features:
A multiannual indicative programme to
give greater prominence to the EU funding of projects.
The introduction of risk capital for
the financial aid given by the Union.
A higher ceiling for Community aid
which may now, from 2003, be up to 20% of the total cost
of the project in the case of satellite positioning and
€ 4.6 billion will be earmarked
for the Trans-European Networks (including
telecommunications and energy networks) between now and
2006; the amount to be spent on Trans-European Transport
Networks is still to be decided by the European
Parliament. It is likely to be around € 4 to 4.2
At least 55% of funds for TEN-Ts will
be given to railway projects and not more than 25% to
The Commission may cancel its financing
decisions if the project has not got under way within 2