rail funding shake-up

The death of CEF? EU ‘threatening to terminate’ dedicated multi-billion euro transport fund

Image: Wikimedia Commons. © Stephane Mignon

The European Commission could terminate the Connecting Europe Facility (CEF), the EU’s multi-billion-euro transport fund, sources with knowledge of the plans have exclusively confirmed to our sister publication RailTech.com. The prospect of losing tens of billions in dedicated rail funding has already sparked a quiet backlash from industry leaders and governments. Here’s what’s happening, why the EU executive is considering the move, and why the rail sector is so alarmed.

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Author: Thomas Wintle

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