EU Plans to spend €9.2 billion on Broadband, €9.1 billion on Energy Infrastructure
The European Commission, as part of its Digital Agenda, has proposed spending €9.2 billion on broadband projects between 2014-2020. This funding is part of a bigger project – Connect Europe Facility (CEF) which proposes €50 billion on projects associated with transportation, energy and ICT. According to the EU – the funding will “leverage other private and public money, by giving infrastructure projects credibility and lowering their risk profiles” – which is critical to f