Wales Hits a Euro Spend Milestone

Summary


WALES has reached its target of investing half of European funding available to the region - almost pounds 1bn - as part of a seven year drive to boost the Welsh economy and create job.

The target was set for the 2007-2013 Structural Funds programmes in response to the economic downturn, and with match funding will generate an investment of pounds 1.8bn through 119 projects, helping nearly 29,000 Welsh businesses and providing employment and training for 280,000 people.

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Wales Hits a Euro Spend Milestone

Deputy First Minister Ieuan Wyn Jones welcome...

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