€114 million for Brussels projects
The Brussels Region is matching the sum, bringing the money for the projects up to €114 million.
19 December 2007 - 32 projects in Brussels are getting a total of €57 million in subsidies from the European Union. The Brussels Region is matching the sum, bringing the money for the projects up to €114 million.
The European Regional Development Fund aims to promote economic and social cohesion by correcting the main regional imbalances and participating in the development and conversion of regions. Brussels has been granted €57 million; the Brussels Region is matching the sum.
The Brussels government has decided to use the money for what has been dubbed a 'priority intervention zone' to the east and west of the Willebroek Canal, stretching along the river on both sides.
According to Brussels PM Charles Picqué, unemployment is high in this zone, the level of education low, and there are many social and economic problems.
Among the subsidised projects are ones to make the area more economically attractive such as creating more day-care centres and recreational areas.