§ Mr. Deakinsasked the Chancellor of the Exchequer, pursuant to his reply to the hon. Member for Mid-Kent (Mr. Rowe) on 20 January, Official Report, column 467, whether he expects the EEC Commission's cash flow problem to continue during 1987–88.
§ Mr. BrookeI refer the hon. Member to the reply I gave my hon. Friend the Member for Mid-Worcestershire (Mr. Forth) on 20 February,Official Report col. 880, concerning the European Commission's current cash position. The adoption on 19 February of a budget for the European Economic Community for 1987 will provide the Commission with additional revenue which will ease its cash difficulties, although the pressures on available resources are likely to continue. The Government's public expenditure plans for 1986–87 and 1987–88 assume that an advance of £130 million will be required from April to March 1987 (Cm. 56–11, page 70, paragraph 11).