73 Dr. Upton asked the Minister for Finance the projects, if any, that are funded or have been approved for funding under the INTEREG Community Initiative Programme of the second round of the structural funds; the name, purpose and location of each project; and the amount of Irish and European funding provided. [2713/96]

INTERREG is a Community initiative under the Structural Funds which is aimed at assisting Border areas of the Community in overcoming their special development problems and at promoting cross-Border co-operation.

Under the joint Ireland/Wales INTERREG Programme, which was approved on 28 July 1995 and runs to the end of 1999, the EC is providing 84 million ECU (approximately IR£67 million) of which 70 million ECU (approximately IR£56 million) represents the Irish share.