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Ec (Overspending)

Volume 81: debated on Thursday 20 June 1985

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asked the Chancellor of the Exchequer if the payments which were agreed at the Brussels Council of Ministers on 23 and 24 April to cover the overspending of the Common Market in 1985 will be in the form of a repayable loan or advance; and if he will make a statement.

I refer my hon. Friend to paragraph 3 of the text of the 1985 intergovernmental agreement, deposited in the Library.