Independent journal on economy and transport policy
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the new commissioner EU to the Transports, Violeta Bulc, assures the engagement of the Commission for the potenziamento of transport infrastructures
the new financial instruments - it has emphasized - will guarantee a greater ability to investment
December 2, 2014
To a month from its takeover in the charge the new European commissioner to the Transports and little days from the presentation by the EU commission of the new one slowly of investments for 315 billion euros in three years 2015-2017 in order to stimulate the increase and the occupation in the EU, today the Slovene Violeta Bulc taking part near the Commission Tourism and Transports of the European Parliament has assured the prosecuzione of the engagement of the EU commission for the potenziamento of transport infrastructures and in particular for the maintenance of the priorities for the development of the trans-European net IT TRY.
"The necessities of investments in the field of the transports - it has remembered - are enormous: according to the studies lead on the nine European Corridors - Violeta Bulc has explained - every year they are necessary more than 75 billion euros than investments single in the corridors that take part of the net IT TRY. In the first place the investment requirements particularly are elevated for the less polluting modalities of transport - railroad and inland navigation - in which the lacking connections and the throttlings must be resolved, in particular to the frontiers, the aim to have of a system of unified and more efficient transport. The necessary infrastructure for a cleaned energy more for the transport - as for example the installation of points of recharges fast of electric power along the freeways or in the urbanized areas and the spread of infrastructures for the which liquified natural gas in ports - must be implemented to European level in order to exit from a vicious circle. In the second place the requirements of investments in city mobility are enormous as this generates the majority of the traffic and the majority of the emissions. They must be realized infrastructures and the fleets for the new systems of transport collectives, in order to return our cities better. In third place important investments are necessary in order to adapt the European system of the transports to 21° the century. To European level they must be realized intelligent systems of transport in order to make the best use of existing and future infrastructures and in order to develop a system of transport that is to the service of the users, that is of the citizens and the enterprises".
"The new European Bottom for the Strategic Investments instituted in collaboration with the European Investment Bank - it has found the European commissioner - is therefore of particular importance for transport. It will offer to new opportunity in order to finance the necessities that I have as soon as cited. It will be integrated, and it will not replace, the instruments already in existence, as for example the Mechanism in order To connect Europe, the Bottom of cohesion or the loans of the BEAUTIFUL ones, of which the field of the transports it is already one of the main beneficiaries. With an ability to assumption of the risk of 21 billion euros - it has specified Violeta Bulc - this new instrument will be turned to riskier projects regarding those financed until now from the European Investment Bank and will contribute also to the financing of some types of investment that could not obtain the access to the subsidies EU or that they have only an access limited regarding their requirements, for example in order to equip the vehicles of systems of clean and intelligent transport, ERTMS, SESAR, fast points of recharges electrical worker, in order to cite of some. The instrument will be concentrated on the more mature projects that can be under way within next the three years".
"The Mechanism in order To connect Europe, than many of you they have contributed to construct - it has continued the European commissioner to the Transports - will use the new Bottom for the Investments in order to distribute its innovative financial instruments. In the within of the new Bottom, these financial instruments will be able to cover a wider range than risks and to generate a better lever financial institution, attracting still greater ability to investment, with a relationship prudently estimated of 1:15".
The new one slowly of investments for Europe previews that the European Fund for Strategic Investments (FEIS) is created by means of a partnership between the EU commission and the European Investment Bank (BEAUTIFUL) with the objective to guarantee a greater ability to risk and to mobilize additional investments, from but also above all public private sources, and that in the within of the budget EU a guarantee is constituted of 16 billion euros in support of Fund FEIS, with the BEAUTIFUL ones that will engage five billions of euro. The guarantee of the EU will be covered by the funds EU currently available in the within of the margin of flexibility of the budget of the European Union, the Mechanism in order To connect Europe and of the program Horizon 2020. "It is clear - it has evidenced to such Violeta Bulc purpose - 10% of the budget of the Mechanism in order To connect the Europe that will contribute to the guarantee EU does not imply changes to the priorities IT TRY and the Mechanism in order To connect Europe that you have defined. With a conspicuous budget in the Mechanism in order To connect Europe, they are available a sufficient number of guarantees for the projects that without this could not be financed, in particular the great transboundary projects and the throttlings on the corridors TRY. Indeed, our priority projects TRY will have now straight to both financings from the Mechanism in order To connect Europe and from the financial instruments of the new Fund. And this will allow with the Member States to exclude such projects from the calculation of the debit and the national deficit from the moment that the supplied guarantees in order to guarantee the private investments are assured by the EU".
Violeta Bulc has specified that the new one slowly of investments "is not solo face to mobilize additional financings, but also to characterize the appropriate projects supplying they it technical assistance of which they need for being carried quickly to maturity. This - it has observed - will be one of the main challenges that we will have to face. We need to identify the projects that correspond to ours three fundamental criteria: the projects with clearly an added value for the EU, that it means projects that they support our objectives of the EU in terms of intelligent and cleaned mobility; the projects that are economically sustainable and with important associate-economic returns; the projects that are enough mature and in a position to being under way to more late within next the three years".
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