Universal broadband key to economic growth in Europe

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EU budget cuts may mean that Europe falls behind on technological advances already achieved in the telecoms sector, warns the European Economic and Social Committee (EESC) in its critical assessment of the European Commission’s revised proposal for telecoms networks in Europe.

“There was a great deal at stake when the telecoms budget for 2014-2020 was still foreseen to be EUR 9 billion. Pruning it to EUR 1 billion will result in a freeze that may deprive the EU of advances already made in numerous strategic sectors”, argues Jacques Lemercier (Workers’ Group, France), EESC rapporteur for an opinion on guidelines for trans-European telecommunications networks.  The EU has set itself ambitious targets for broadband roll-out and take-up by 2020. However, the telecoms envelope, which was supposed to finance it and was originally set at EUR 9.2 billion for 2014-2020, was slashed during negotiations on the EU’s next seven-year budget.  This cut led the European Commission to amend its proposal on guidelines for the trans-European telecommunications networks. The new text seeks to earmark the limited funding for a smaller number of digital service infrastructures and leverage private and public investment to develop broadband networks. Here to read more.

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