HC Deb 26 March 1984 vol 57 cc52-3W
Sir Brandon Rhys Williams

asked the Chancellor of the Exchequer what are the capital sums that have been raised in each of the past three years under the auspices of the European Economic Community Commission; and how the sums available have been allocated between the member states.

Mr. Ian Stewart

The capital sums that have been raised under the auspices of the European Economic Community Commission are as follows:

1981 1982 mecus 1983
New Community Instrument (NCI) 339.0 773.11 1,617.0
Euratom 373.0 362.50 369.0
European Coal and Steel Community (ECSC) 325.0 711.98 750.0
Community Loan Mechanism 4,247.0
Total 1,037.0 1,847.59 6,983.0
Funds nave been allocated between the Member States as follows:
New Community Instrument (NCI)
Belgium
Denmark 960 105.4
Germany
Greece 124.9 85.3
France 40.3 37.6 186.2
Ireland 17.3 83.1 69.4
Italy *448.3 449.4 665.4
United Kingdom 33.9 100.1
Total 539.8 791.0 1,211.8
Community Loan Mechanism
France 4,247.0
Total 4,247.0
Euratom
Belgium 225.2 72.8 32.5
France 98.8 258.9 198.7
Italy 33.6 30.1 89.0
United Kingdom 46.4
Total 357.6 361.8 366.6
European Coal & Steel Community
1981 1982 mecus 1983
Belgium 0.5 18.0 3.9
Denmark 1.8
Germany 92.3 184.7 149.4
Greece 11.3 0.4
France 111.4 69.1 277.9
Ireland 11.0 0.1 4.4
Italy 101.5 65.1 32.1
Luxembourg 0.1 5.5
Netherlands 0.5 44.1 39.5
United Kingdom 70.3 269.1 270.5
Total 387.6 668.8 778.1
Grand Total 1,285.0 1,821.6 6,603.5
* Including special funds for earthquake reconstruction of £296.4 million.
The apparent imbalance between the borrowing and lending figures are largely the result of timing difference in payments and, in the case of ECSE, additional sources of revenue.