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Home News Europe’s proposed €51.5 billion transport budget

Europe’s proposed €51.5 billion transport budget

Proposals are being put forward for a €51.5 billion transport budget for Europe

by Mike Woof
February 25, 2026
in News
Reading Time: 1 min read
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Integration of Europe’s transport network may be delayed unless more funding is secured – image courtesy of © Magnus Skjølberg| Dreamstime.com

Integration of Europe’s transport network may be delayed unless more funding is secured – image courtesy of © Magnus Skjølberg| Dreamstime.com

A proposed €51.5 billion transport budget for Europe in the 2028-2034 period would help boost connectivity across the continent. The proposal has been put forward by the European Commission as part of the Connecting Europe Facility (CEF) plan.

But even this significant budget falls short of the required financing. Delivering the key TEN-T network transport projects will cost €515 billion.

The theory is that Brussels should deliver the financing for international connections between members states. The individual countries should then source financing for their own internal links.

But this leaves delivery of much of the TEN-T network subject to the priorities of each individual nation, many of which may rank other issues of higher importance. Comprehensive integration of Europe’s road (as well as rail and water) transport systems may well prove longer to achieve unless further financing solutions are secured.

Categories: Finance & Funding

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