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Commission supports urban development in four French towns

The European Commission is to allocate aid from the European Regional Development Fund (ERDF) and European Social Fund (ESF) to support urban development in four French towns. This funding is being awarded within the framework of the URBAN Initiative, and is aimed at fighting ...
The European Commission is to allocate aid from the European Regional Development Fund (ERDF) and European Social Fund (ESF) to support urban development in four French towns. This funding is being awarded within the framework of the URBAN Initiative, and is aimed at fighting unemployment and social exclusion. The Community aid complements funds from other sources, both public and private.

The towns in question are:

- Aulnay-le-Bois (Ile-de-France): ECU 8.8 million will be made available for the creation of 1,500 new jobs for unemployed inhabitants of the town's northern districts;

- Amiens (Picardie): ECU 7 million will go towards supporting investments in 50 SMEs, and creating training for the long term unemployed;

- Mureaux (Ile-de-France): ECU 7 million in funding will be made available to allow 200 existing jobs to be retained, and to create new jobs and training for the long-term unemployed;

- Mulhouse (Alsace): ECU 7 million will be allocated to support the creation of 160 new jobs, and 50 small businesses, as well as providing training for over 200 people.

The European Union's URBAN Initiative gives aid to local programmes which provide assistance to urban areas suffering from serious economic and social disadvantages. The French government have selected eight sites as priorities to receive ERDF and ESF funding under this Initiative until 1999.
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