The Connecting Europe Facility (CEF) is specifically designed to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. With a proposed budget of up to €50 billion between 2014-2020, it allocates €9.2 billion for broadband and e-services.
In the following weeks, Member States are expected to decide the EU’s budget for 2014-2020 and the permanence of the CEF as it was designed is not clear at all. There’s an initiative for supporting the maintenance of the project, you can read the declaration and sign it here.
Source and further information