European Regional Development Fund
EDM number 890 in 2008-09, proposed by Julia Goldsworthy on 25/02/2009.
Categorised under the topic of EU grants and loans.
That this House notes with concern the Government's refusal of a European Commission offer to extend by six months the deadline for all countries to spend unused 2000 to 2006 European Regional Development Fund (ERDF) money; further notes that as a result £671 million of European funding earmarked to be spent in England's regions has in effect been re-allocated to the Treasury; further notes that almost every other EU member state accepted the invitation and that the Government approved the extension for Scotland, Wales and Northern Ireland; further notes that this decision was made without formally consulting hon. Members or the regions affected; asks Ministers to explain to the House their decision to reject this unprecedented invitation to extend the spending deadline; and calls on the Government to use its unexpected windfall to compensate all the regions that have lost out on vast sums of regeneration money.
This motion has been signed by a total of 50 MPs.
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