HC Deb 10 March 1978 vol 945 cc817-8W
Mr. Kenneth Clarke

asked the Chancellor of the Exchequer what progress has been made in setting up the system of community loans to finance industry and infrastructure agreed by the European Council in December 1977.

Mr. Robert Sheldon

The Council of Finance Ministers meeting on 20th February considered a draft decision submit- ted by the Commission. After a brief discussion this was remitted to the Committee of Permanent Representatives for further consideration. The draft decision is also to be considered by the European Assembly at its March session.