As of January 2014, the European Union has a new transport infrastructure policy that connects the continent between East and West, North and South. This policy aims to close the gaps between Member States' transport networks, remove bottlenecks that still hamper the smooth functioning of the internal market and overcome technical barriers such as incompatible standards for railway traffic. It promotes and strengthens seamless transport chains for passenger and freight, while keeping up with future technological trends. This project will help the economy in its recovery and growth, with a budget of €26 billion up to 2020.
European Coordinators – individuals with long standing experience in transport, financing and in European politics – will lead the drive to build the core network corridors, which represent the strategic heart of the TEN-T and therefore deserve a concentrated amount of effort and attention for their financing, cooperation efficiency and quality.