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Visegrad countries step up co-operation on EU funding
Date 19/09/2010 18:28  Author webmaster  Hits 1074  Language Global
19 SEP 2010

By Matej Hruska ¦ EUobserver

The so-called Visegrad countries - the Czech Republic, Hungary, Poland and Slovakia - have in a joint letter to EU energy commissioner Gunther Oettinger on Tuesday (14 September) called for Brussels' support on a series of energy infrastructure projects.

The wishlist outlines transition routes which they hope could become priority projects for the EU when deciding its next financial mechanism for transition networks in 2011.

The discussion about a potential new energy financial instrument for funding the schemes "should cover all potential sources ... including the instruments of the [EU budget's] cohesion policy," the letter, quoted by Polish press agency, says.

At present, the EU is co-funding some gas and electricity infrastructure investments to plug funding gaps arising from the financial crisis. Under standard circumstances the EU can pay part of the money needed to finance feasibility studies, but not the actual building work.

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