Creation date: May 31, 2013
The European Commission, the Council and the European Parliament reached an agreement on 30 May 2013 on the new TEN-T network, establishing a core transport network to be completed by 2030 to act as the backbone for transportation within the Single Market.
Transport financing under the Connecting Europe Facility (for the period 2014–2020) will also focus on this core transport network, filling in cross-border missing links, removing bottlenecks and making the network smarter.
The new core TEN-T network will be supported by a comprehensive network of routes, feeding into the core network at regional and national level. This will largely be financed by Member States, with some EU transport and regional funding possibilities, including with new innovative financing instruments. The aim is to ensure that progressively, and by 2050, the great majority of Europe's citizens and businesses will be no more than 30 minutes' travel time from the comprehensive network.
The agreement, reached during negotiations between the European Parliament, Council and European Commission, must be formally approved by the European Parliament in Plenary session and by the Council.
Read the full European Commission press release on this topic.