The European Commission adopted in September the Multiannual Programme for the funding of the Trans-European Transport Network over the period 2001-2006.
The whole programme will amount to â‚¬ 2,780 m, two thirds of which devoted to the rail sector:
- 1,300 m to the 11 infrastructure projects endorsed by the 1994 Essen Council,
- 550 m to the Galileo project,
- 640 m to railway bottlenecks and cross-border projects,
- 280 m to Intelligent Transport Systems projects for the road and air sectors.