European Union Transport Policy

Abstract

European transport is not only a key sector of the EU economy, but indispensable for the functioning of the internal market. The current major challenges for European transport can be briefly summed into the costs of congestion, the reduction of oil dependency and greenhouse gas emissions, infrastructure quality, and internal and external competition. This chapter discusses how the global financial and economic crisis of late 2000s has affected the economic activity of European transport, how the European legal order has responded to the new challenges and the orientations and developments of EU transport policy.