§ Q113. Mr. Teddy Taylor
asked the Prime Minister if she will make a statement on the outcome of her meeting with Mr. J. Delors of the European Economic Community Commission on 5 February.
§ The Prime Minister
My discussions with Mr. Delors concentrated on the financial situation in the Community, the reform of the common agricultural policy and on the reorganisation of the structural funds called for by the Single European Act. I emphasised that the main reason for the Community's serious financial problems was inadequate control over expenditure. I made clear that the Community's first priority should be to agree new and effective budgetary control arrangements. In particular there was a need for effective stabilising mechanisms to control Common Agricultural Policy expenditure.