EUROPEAN COMMISSION REFUSES TO SPEND TENS MONEY ON NEW ROADS
November 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Commission wants to spend the bulk of its Euro 5.1 billion available under its Trans-European Networks (TENs) budget for major transport projects from 2007-13 on inland waterways and railways, with new roads losing out. European Union (EU) transport Commissioner Jacques Barrot has announced that inland waterways would receive "maximum possible funding", receiving 11.5% of the total budget, while railways will get 74.2% of total funds, and roads just 2.7%. Projects receiving significant support will include Euro 351 million ...
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