Wednesday, September 5, 2012

EU Might Reduce Support for Broadband Deployment


To the extent that European Union broadband plans for 2020 rely on financial support from the European Commission, it now appears those plans might slow, as the EC itself now says infrastructure funding is shifting to transport and energy projects. 

It appears that funding levels originally foreseen now cannot be provided at the original levels. "The Presidency recognizes that it is, therefore, inevitable that the total level of expenditure proposed by the Commission, including all elements inside and outside of the MFF, will have to be adjusted downwards."

Translation: less money for the EC broadband plan. 

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