27.05.2014 Views

EU funds for roads - CEDR

EU funds for roads - CEDR

EU funds for roads - CEDR

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Page 37 / 80<br />

EIB loans to <strong>EU</strong> member states<br />

Total EIB signatures <strong>for</strong> Trans-European Network (Transport, Telecom, and Energy) projects<br />

amounted to €86.8 billion between 1995 and 2005, which is a substantial share (23%) of total<br />

EIB signatures during this period.<br />

94% of all TEN projects financed by the EIB were located in the <strong>EU</strong>-25.<br />

Transport-TENs (TEN-T) accounted <strong>for</strong> 74% of total TEN signatures (€64.4 billion), followed<br />

by telecommunications (e-TENs 18% or €15.2 billion) and Energy-TENs (8% or €7.2 billion).<br />

EIB financing <strong>for</strong> transport and energy TEN projects can be broken down as follows: <strong>roads</strong><br />

(39%), railways (27%), air transport (14%), gas (7%), <strong>roads</strong> and railways (4%), water transport<br />

(4%), electricity projects (3%), and others (2%).<br />

The loans provided by the EIB <strong>for</strong> road projects during that period (1995–2005) amounted to<br />

€27.76 billion.<br />

100<br />

80<br />

60<br />

40<br />

EIB loans<br />

20<br />

0<br />

Total Transport Roads<br />

Fig. 16: EIB loans to <strong>EU</strong> member states (1995–2005)<br />

EIB loans to non-<strong>EU</strong> countries<br />

Between 1990 and 1999, the European Investment Bank (EIB) provided some €4.9 billion in<br />

financing <strong>for</strong> 58 projects.<br />

Of this, approximately 65% (i.e. €3.19 billion) went to <strong>roads</strong>, 27% to railways, 6% to air<br />

transport, and 2% to ports.<br />

The distribution between countries reflected their size, population, and economic importance,<br />

with most funding going to the Czech Republic, Poland, and Romania.<br />

5<br />

4<br />

3<br />

2<br />

EIB loans<br />

1<br />

0<br />

Transport<br />

Roads<br />

Fig. 17: EIB loans in non-<strong>EU</strong> countries (1990–1999)<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!