The agreement concerns the so called CEF plan, which sets the framework for the financing of future infrastructure in Europe from 2014-2020. The main thinking behind this plan is to move away from financing individual and isolated projects, but instead focus on creating a so-called European core-network to be completed in 2030. This will result in a more integrated transport system, as funds will no longer be spend on individual infrastructure constructions unless there are plans to upgrade the surrounding systems to make sure that new constructions are maximized.
The new agreement will also have consequences for the STRING region, as the fixed link across Fehmarnbelt is on the list of 20 prioritized projects to receive funding from the pot, after joint pressure from the Danish parliamentarians. It will also be possible for the Storestrøm Bridge to receive some funding, as the bridge could experience bottlenecks in relation to the new fixed link and therefore need to be upgraded to accommodate new traffic streams. Further infrastructure projects in the region that in time could come to benefit from the new funds will include the Fehmarnbelt Bridge.
The announcement of the new infrastructure funds is also likely to have a positive effect on employment and growth in the STRING region, as it has the capacity enhance accessibility and mobility alike.