The Commission has proposed an allocation of funds to increase investments from 2014 to 2020 in projects giving EU citizens and businesses access to high-speed broadband networks and digital services. The investments will help reach some of the Europe 2020 targets.
- In 2020 all Europeans have access to an internet connection with a speed of 30 Mbps or above.
- 50% or more of European households subscribe to internet connections of 100 or more Mbps.
The investments are expected to boost Europe’s competitiveness and productivity and to create new jobs.
The funding for the digital infrastructure is part of a larger investment fund – the Connecting Europe Facility, which also covers transport and energy. The improvements to the European net must ensure coherence in the European infrastructure and is one of the 12 key initiatives in the Single Market Act.