27.05.2014 Views

EU funds for roads - CEDR

EU funds for roads - CEDR

EU funds for roads - CEDR

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Page 36 / 80<br />

Country profiles<br />

Annex V contains a number of country profiles, presenting in<strong>for</strong>mation on the use of <strong>EU</strong> <strong>funds</strong><br />

<strong>for</strong> road projects. Presently there are only seven country profiles. Nevertheless they represent<br />

almost all categories of countries:<br />

(a)<br />

(b)<br />

(c)<br />

Developed <strong>EU</strong> member states (Germany, France), which receive limited amounts of grants<br />

from <strong>EU</strong> <strong>funds</strong> and do not use loans (from the EIB or other lending institutions) <strong>for</strong> their<br />

road projects;<br />

Developing <strong>EU</strong> member states (Spain, Greece, Latvia), which receive considerable<br />

amounts from <strong>EU</strong> <strong>funds</strong> (ERDF, Cohesion Fund, and TEN-T) and use EIB and other loans<br />

in addition to their national <strong>funds</strong>;<br />

Non-<strong>EU</strong> countries (Iceland, Norway), which do not receive any grants from <strong>EU</strong> <strong>funds</strong>.<br />

12000<br />

10000<br />

8000<br />

6000<br />

4000<br />

2000<br />

0<br />

Germany Greece Iceland Latvia Norway France Spain<br />

Total cost<br />

<strong>EU</strong> <strong>funds</strong><br />

Fig. 15: Total cost and <strong>EU</strong> <strong>funds</strong> <strong>for</strong> road projects in the period 2000–2006<br />

10000<br />

8000<br />

6000<br />

4000<br />

Total cost<br />

<strong>EU</strong> <strong>funds</strong><br />

2000<br />

0<br />

Germany Greece Iceland Latvia Norway France Spain<br />

Fig. 15: Total cost and <strong>EU</strong> <strong>funds</strong> <strong>for</strong> road projects in the period 2007–2013<br />

1.2.6 Loans provided by the EIB <strong>for</strong> road projects<br />

Since its foundation, the EIB’s financing of transport infrastructures throughout Europe has been<br />

one of its core activities. From the beginning of the TEN initiative in the 1990s, the financing of<br />

the TEN has been an important operational priority <strong>for</strong> the bank; TENs are currently one of the<br />

five main lending priorities <strong>for</strong> the EIB.<br />

However, the bank is not restricted by the TEN regulations.<br />

<strong>EU</strong> <strong>funds</strong> <strong>for</strong> <strong>roads</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!