HC Deb 24 February 1998 vol 307 cc131-2W
Mr. Mitchell

To ask the Chancellor of the Exchequer which projects involving public investment of over £1,000,000 have received capital finance from the European Investment Bank; and for each project, if that investment is taken into account in calculations made(a) by Her Majesty's Government and (b) the European Commission, for national borrowing levels in respect of the criteria for qualification for membership of stage three of monetary union. [30175]

Mrs. Liddell

The information sought about UK projects financed by the EIB could be provided only at disproportionate cost. Capital expenditure by general government is treated as a determinant of the general government financial deficit, including capital expenditure financed by EIB loans.