Finance Minister speaks in Newry about €37m in EU funds

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Friday, September 2nd, 2016
Finance Minister Máirtín Ó Muilleoir has said he is doing everything in his power to ensure the timely release of vital EU INTERREG funds as a key date for bids to be considered looms. european-union-flag-lThe Chancellor recently announced that the Treasury will only guarantee funding for those projects that are signed off before his Autumn statement. The Minister was speaking as he visited the East Border Region (EBR) group — representing councils on both sides of the border — in Newry recently to discuss the impact of the EU Referendum on EU funding programmes. Representatives of the group outlined their concerns to the Minister about the future of these projects should they not be able to access the funds. The Minister said, “EBR is a driving force in a number of projects submitted for EU funding. These are important projects that go right to the heart of communities. The projects aim to support research and innovation, protect the environment and develop sustainable transport.
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September 2016“The councillors and representatives I met stressed to me their determination to ensure their bids for up to €37million to support transformative cross-border programmes are approved at the early September meetings of the INTERREG panel. He added, “While we have been left in a state of uncertainty by the British government, the one thing I am absolutely certain of is that no funds will be lost as a result of lack of will or action on my part or on the part of project partners.”
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