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Estonian MEPs: Decision has been made that EUR 1.4 bln is there for Rail Baltic 2021-03-14 BNS/TBT Staff
TALLINN - It became clear in the outgoing week that the extra amount of 1.4 billion euros necessary for the completion of the Rail Baltic railway project by 2026 has been set aside in the new budget of the European Union under the Connecting Europe Facility (CEF), Postimees said.
It said that all Estonia, Latvia and Lithuania now need to do is build, and let Brussels know when another tranche of money for the construction of a new section of the railway is needed.
Development of projects on very high capacity digital networks and 5G systems
Projects funded will have to be in line with EU and national climate and energy plans
EP and Council negotiators reached a deal to upgrade the Connecting Europe Facility and release new funds for transport, digital and energy projects for 2021-2027.
A provisional agreement between Parliament and Council reached on Thursday evening sets the framework for how the funds for the Connecting Europe Facility (CEF) will be used from 2021 to 2027. The programme will fund transport, energy and digital projects, and ensure that essential Trans-European projects, such as Rail Baltica, alternative fuels charging infrastructure and the roll out of 5G coverage to important transport axes are finished on time by 2030.