| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/01/43 (12.1.01) |
| Publication Date | 12/01/2001 |
| Content Type | News |
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On 12.1.01, the European Commission approved draft seven-year regional development plans for England and Wales, representing €277 million in financial support from the EU. The programmes concern two areas designated for support under 'Objective 2' of the Structural Funds (support for regions undergoing economic restructuring): East Wales and East of England. These plans are expected to attract a further €449 million in investment, 79% from the public and 21% from the private sector, for a total spending of €727 million. These resources are expected to create around 10,000 new jobs and to safeguard 4,500 more. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/43&format=HTML&rapid=0&language=EN&guiLanguage=en |
| Subject Categories | Politics and International Relations |
| Countries / Regions | United Kingdom |
