EU Grants and Loans

(asked on 16th May 2018) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what assessment they have made of the likelihood of the UK being required to repay EU funding awarded to British organisations following the UK’s withdrawal from the EU; and what guarantees they require from recipients of such funding that they will reimburse the Government for any funds that the Government have to repay to the EU.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 24th May 2018

Under the terms of the financial settlement, set out in a draft Withdrawal Agreement and welcomed by the EU-27 at March European Council, the UK will continue to participate in all EU programmes funded by the 2014-20 Multiannual Financial Framework. Under this agreement, funding for UK participants and projects will, therefore, be unaffected by the UK’s withdrawal from the Union for the entire lifetime of such projects.

Reticulating Splines