Wales will lose out if budget cut

Wales
Published on Wednesday, 21 November 2012 10:24
Posted by Vicki Mitchem

Plaid Cymru the Party of Wales MEP Jill Evans is warning of the dangers to the Welsh economy if the EU budget is cut. Research published by the Plaid MEP shows that Wales receives more in EU funding than it contributes.

Every person in Wales is around forty pounds (£40) a year better off due to our membership of the European Union.

But Jill Evans has warned that EU funding for Wales will be put at risk if Tories and Labour succeed in cutting the overall EU budget. This is due to be discussed at a summit in Brussels on Thursday and Friday.

On average each person in Wales contributes €195.82 per year to the EU, whilst EU funding to Wales is worth an estimated €243.98 per person annually.

EU funding programmes that benefit Wales include: European Agricultural Guarantee Fund (EAGF) (including CAP), Structural funds, European Agricultural Fund for Rural Development (EAFRD), European Fisheries Fund (EFF), as well as the Lifelong Learning Programmes which includes Erasmus. 630 students and 112 staff from Welsh universities took part in the Erasmus scheme last year.

The Plaid MEP has warned that any cut to the EU budget will put valuable EU funding for Wales at risk, when it's particularly badly needed to help economic recovery.

Jill Evans MEP said:

"Wales receives huge sums of money from the European Union. In fact, we receive more per head from the EU than we contribute. This funding will be put at risk if the EU budget is cut.

"In these tough economic times, we need European funding more than ever. It is astonishing that the Tories and Labour want to slash the EU budget, and as a consequence, cut EU funding for some of our poorest communities.

"We need the support of EU funding in Wales to help create jobs and strengthen the economy. We certainly won't get that support from the London Treasury. That's why it's vital for the EU budget to be protected.

"As far as I'm aware, the whole picture for Wales in terms of overall funding that Wales receives from the EU has never before been looked at. Plaid Cymru is the only party working in the Welsh national interest"

Source: ©Plaid Cymru

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