EC prioritizes two Spanish rail projects
Atlantic and Mediterranean links to receive co-financing from Brussels
The European Commission on Wednesday declared that two Spanish rail developments, on the Mediterranean and Atlantic coasts, are priority projects within the continental freight and passenger network that Brussels is pursuing.
Both projects will receive co-financing from the European Union (EU) worth 20 percent of the total cost for stretches of line within Spain's borders and 40 percent for cross-border lines.
The Mediterranean line will be 1,300 kilometers in length, linking the major port cities together, while the Atlantic artery will connect Portugal to Valladolid and from there to Bayonne in southern France via the Basque Country. It is expected that the lines will be completed by 2020.
The EU said the projects "placed resources where they are of real added value."
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