§ Mr. Teddy TaylorTo ask the Chancellor of the Exchequer what is his latest estimate of the cash spent by the European Economic Community in 1987; and what was the budget estimate for that year.
§ Mr. BrookeProvision for payment appropriations in the 1987 amending and supplementary budget number I is 36,168 mecu, about £24,325 million at current rates of exchange. According to the Commission's revenue and expenditure account and balance sheet (Com(88)212) outturn expenditure in 1987 was 35,469 mecu (£23,855 million).
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§ Mr. Teddy TaylorTo ask the Chancellor of the Exchequer what is the estimated expenditure of the European Economic Community in 1988 and 1989, respectively.
§ Mr. BrookeProvision for payment appropriations in the preliminary draft supplementary and amending budget number 1 for 1988 is 43,820 mecu, about £29,500 million at current rates of exchange. The provisional figure likely to be included in the 1989 preliminary draft budget is 46,462 mecu (£31,250 million).
§ Mr. Teddy TaylorTo ask the Chancellor of the Exchequer if the 25 per cent. increase in European Economic Community resources following the recent decisions of the European Council include the extra resources provided in the interim by the intergovernmental agreement; and if he will make a statement.
§ Mr. BrookeYes. I refer my hon. Friend to my right hon. Friend the Prime Minister's reply to him today.