Original publication: February 2018
Author: Marc Thomas, Research Administrator
Short link to this post: http://bit.ly/2BIVOz5
Overview: The shares of Sicily and Campania in the Italian economy in 2016
Sicily and Campania have been more affected than the country as a whole by the economic difficulties of the past decade. While Italian GDP fell by 1.7% between 2008 and 2013, the decline was 5.1% in Sicily and 5.7% in Campania. Over a longer period, economic growth was weaker in these two regions: from 2005 to 2016, Italian GDP grew by 12.8%, that of Campania by 8.8% and that of Sicily by only 2.6%.
The Trans-European Transport Network and related EU funding in Italy
The Trans-European Transport Network (TEN-T) aims to close the gaps between Member States’ transport networks and remove bottlenecks and technical/geographical barriers. Pursuant to the 2013 “guidelines”, the TEN-T is made up of: (1) the “comprehensive network”, intended to be completed in 2050, and (2) the “core network” of multimodal infrastructures connecting the main urban and economic centres of the continent. This core network is considered a priority and is expected to be completed by the end of 2030 (at a cost currently estimated at EUR 750 billion). To facilitate this completion, and ensure the pan-European nature of the core network, the “TEN-T guidelines” also set up nine multimodal and cross-border “core network corridors”.
The EU funding is tightly focused on the core network and those elements of the comprehensive network with the highest EU benefit. These are financed through the Connecting Europe Facility for Transport (CEF). The CEF was endowed with EUR 24.05 billion for the period 2014-2020, of which EUR 11.3 billion (transferred from the Cohesion Fund) are to be spent exclusively in those Member States eligible for funding from the Cohesion Fund (CF). The rest of the comprehensive network can benefit from CF and Structural Funds (European Regional Development Fund (ERDF) and European Social Fund (ESF). The European Fund for Strategic Investments (EFSI) also participates in the financing of the TEN-T.
– The Mediterranean Corridor connects the Iberian ports to Hungary and the Ukrainian border through Southern France and Northern Italy (the Lyon-Turin railway tunnel being part of it). The completion of the whole corridor is estimated at EUR 104 billion (of which 78bn for rail).
– The Rhine-Alpine Corridor connects the North Sea ports of Antwerp, Rotterdam and Amsterdam along the Rhine valley to Milan and Genova (the Alpine base tunnels Gotthard and Lötschberg being part of it). The completion of the whole corridor is estimated at EUR 100 billion (of which 73.4bn is for rail).
– The Baltic-Adriatic Corridor links the Baltic ports in Poland with the Italian ports of Trieste, Venice and Ravenna through industrialized areas between Southern Poland, Vienna, Bratislava, the Eastern Alpine region and Northern Italy. The completion of the whole corridor is estimated at EUR 74.5 billion (of which 38bn is for rail).
– The Scandinavian-Mediterranean Corridor runs from the Finnish ports up to the ports of La Spezia, Livorno, Ancona, Bari, Taranto, Naples, Gioia Tauro, Augusta and Palermo and, through a “Motorway of the Sea”, to Valletta (the Brenner base tunnel is part of it). The completion of the whole corridor is estimated at EUR 202.4 billion (of which 132.5bn is for rail and 10.8bn for maritime projects).
Link to the full briefing: http://bit.ly/602-017
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