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REGIONAL FUNDING FOR SCOTLAND TO INCREASE

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Scotland's share of regional funding from the European Commission is set to rise, the Scotsman reports (p23). ...
Scotland's share of regional funding from the European Commission is set to rise, the Scotsman reports (p23).

Bruce Millan, European Commissioner for regional policies, said yesterday that more money would go to Scotland when the regional assistance budgets for the next five years are set. Allocations will be increased by around 47% by 1999.

Six Scottish regions already receive support from the Structural Fund under Objective 2, and a decision should be made on the Objective 2 areas by next week, the paper reports.

The Highlands and Islands and Galloway should receive a higher increase as the EC plans to increase Objective 5b spending on vulnerable rural area by two-thirds.
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