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Commission supports urban renewal in the UK

The City of Brighton in the South East, the City of Coventry in the West Midlands and the City of Bristol in the South West of England are to receive about ECU 4.5 million each from the European Union's (EU) Structural Funds for urban renewal. The money comes from the EU's URB...
The City of Brighton in the South East, the City of Coventry in the West Midlands and the City of Bristol in the South West of England are to receive about ECU 4.5 million each from the European Union's (EU) Structural Funds for urban renewal. The money comes from the EU's URBAN Initiative and is specially targeted at disadvantaged areas suffering from severe unemployment, high crime levels, poverty-related depreciation, poor housing conditions, few social and community facilities and low education.

The funds will be channelled through investment programmes tailored to the specific needs and potential of the different communities. Merseyside, which has already benefited from a European Structural Fund contribution of ECU 17.3 million, will receive an extra ECU 2.2 million to cover a new sub-programme for the area of Leasowe.

The Commission's financial support of ECU 13.5 million to urban renewal in Brighton, Coventry and Bristol will help in launching new economic initiatives, improving the quality and safety of the local environment and business confidence, and tackling issues of social exclusion and deprivation in order to help local groups contribute to the process of regeneration. It should also help local residents obtain jobs through training and employment initiatives.

The programmes will run until the end of 1999. The total budget involved, including national public and private resources, amounts to some ECU 30 million.

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