Fainting in Coyles An occasional letter from the
Heart of Euroville
Tuesday, November 16, 2004
Interesting discussion with a political veteran of the European parliament - (1975-2004) about the impact of the North East Referendum. His comments went something like this.
'Devastating blow, bad news for the regions, make that bad news for all of England. The thing is the EU is designing itself around funding through regional systems. It will be unable to fund through national govrnments which means that England will miss out on increasingly large anmounts of funding'.
So the UK will continue to send cash to Brussels, where it is so well audited and then it will send out money back to Scotland, Ulster and Wales as the have 'Regional' governments, but England will miss out.