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17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa

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(21) The Europe 2020 Strategy 16 calls for the implementation of the Digital Agenda for Europe 17<br />

that establishes a stable legal framework to stimulate investments in an open and competitive<br />

high speed inter<strong>ne</strong>t infrastructure and in related services. The Ju<strong>ne</strong> 2010 European Council<br />

endorsed the Digital Agenda for Europe and called upon all institutions to engage in its full<br />

implementation. 18<br />

(22) On 31 May 2010, the Council concluded that Europe should put the <strong>ne</strong>cessary resources into<br />

the development of a digital single market based on fast and ultra fast inter<strong>ne</strong>t and<br />

interoperable applications and acknowledged that efficient and competitive investment in <strong>ne</strong>xt<br />

ge<strong>ne</strong>ration broadband <strong>ne</strong>tworks would be important for innovation, consumer choice and for<br />

the competitive<strong>ne</strong>ss of the Union and could provide better quality of life through better health<br />

care, safer transport, <strong>ne</strong>w media opportunities and easier access to goods and services in<br />

particular across borders. 19<br />

(23) The private incentives to invest in very fast broadband <strong>ne</strong>tworks appear to be lower than<br />

16<br />

17<br />

18<br />

19<br />

be<strong>ne</strong>fits for the society as a whole. The investment <strong>ne</strong>eds for achieving the Digital Agenda<br />

objective of providing fast Inter<strong>ne</strong>t access for all European citizens and busi<strong>ne</strong>sses are<br />

estimated to reach up to EUR 270 billion. However, in the absence of Union intervention,<br />

private sector investment is expected to be not more than EUR 50 billion for the period until<br />

2020. The resulting investment gap represents a major bottle<strong>ne</strong>ck to infrastructure provision,<br />

while at the same time the Digital Single Market relies on all citizens to be con<strong>ne</strong>cted via the<br />

infrastructure of the future.<br />

COM(2010) 2020 final 03.03.2010.<br />

Communication from the Commission to the European Parliament, the Council, the European<br />

Economic and Social Committee and the Committee of the Regions "A Digital Agenda for<br />

Europe", 26.8.2010, COM(2010) 245 final/2.<br />

European Council conclusions on a <strong>ne</strong>w European strategy for growth and jobs – Finalising<br />

and implementing the Europe 2020 strategy, 17 Ju<strong>ne</strong> 2010.<br />

Council conclusions on Digital Agenda for Europe - 3017th Transport, Telecommunications<br />

and E<strong>ne</strong>rgy Council meeting Brussels, 31 May 2010.<br />

<strong>17107</strong>/<strong>12</strong> <strong>FL</strong>/<strong>ne</strong> 11<br />

ANNEX <strong>DG</strong> E 2 A E

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