EU Commission outlines transportation policy

   The EU Commission has published maps outlining the “backbone” of its new single-market transportation policy, the trans-European transport network (TEN-T), and has announced transportation financing will rise to 26 billion euros ($35.56 billion) between 2014-2020. 
   TENT-T will include nine major transportation corridors  — two North-South lanes, three East-West lanes and four diagonal routes. According to officials, the new corridors will streamline cross-border moves, eliminate bottlenecks, and help with infrastructure upgrades and modal connections. The network is expected to be complete by 2030.
   “Transport is vital to the European economy. Without good connections Europe will not grow or prosper,” Siim Kallas, the commission’s vice president, said in a statement. “This new EU infrastructure policy will put in place a powerful European transport network across 28 Member States to promote growth and competitiveness. It will connect East with West and replace today’s transport patchwork with a network that is genuinely European.”
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