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01<br />

A sufficient allocation of the Cohesion Fund and ERDF shall<br />

be given to transport (in addition to the proposed Connecting<br />

Europe Facility);<br />

02<br />

All European Regions (including the most "developed" ones)<br />

should be entitled to use ERDF to fund transport infrastructures;<br />

03<br />

Co-financing rates should be defined according to the sustainability<br />

of the projects, taking into account climate performance;<br />

04<br />

A level-playing field shall be established between transport<br />

modes as regards eligible expenditure. The deduction of revenues<br />

generated by rail infrastructure from EU co-financing<br />

should be allowed only if similar provisions exist for road<br />

transport in the Member States concerned. Alternatively, the<br />

co-financing rate of sustainable projects generating revenue<br />

should be higher than the co-financing rate of less sustainable<br />

and non-revenue generating projects;<br />

05<br />

Cohesion Policy financial instruments should allow to combine<br />

EU and private funding in pools and leasing scheme for<br />

rolling stock financing;<br />

06<br />

Ex-ante conditions as proposed by the European Commission<br />

shall be kept so as to increase funds absorption, especially in<br />

Central and Eastern European countries. This is an extremely<br />

important issue.<br />

2.4. Fourth Railway Package<br />

UNIFE considers that the 4th Railway Package offers a major opportunity to<br />

make the railway market more efficient and competitive whilst supporting the<br />

creation of a real Single European Railway Area.<br />

10

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