Memories 1993: Limerick suffers from EC fund cut

FEARS were rife this Wednesday that Limerick will be one of the first areas to lose out following the revelations that Ireland could get £800 million less in EC aid than was anounced by the Government.

FEARS were rife this Wednesday that Limerick will be one of the first areas to lose out following the revelations that Ireland could get £800 million less in EC aid than was anounced by the Government.

Questions have now been raised about the proposed £1,695.5 million investment, which was to be churned into this region as part of the National plan and which now looked certain to be revised.

This region was earmarked to receive more money per head than any other region in the country. However, that was on the assumption that the EC would give Ireland £7.8 billion.

Now under threat of revision in this region are plans for investment in Shannon Airport, port facilities on the Shannon Estuary, and extension of the national gas grid to Shannon.