EC set to bolster infrastructure

INFRASTRUCTURE spending across Europe could receive a €50bn (£43.6bn) boost from 2014 to 2020, if a European Commission (EC) proposal announced yesterday works as planned.

The money will be spent on transport, digital communications and energy projects.

A pilot phase in 2012 and 2013 will see €230m spent. A total of €32bn will go to transport projects over the whole period, towards the €250bn the Commission claims needs to be spent by 2020.