To ask the Chancellor of the Exchequer what is his Department's estimate of central Government expenditure per head to each English region in each of the last five years. [36726]
Identifiable general government expenditure per head by region and function for 1992–93 was published in "Public Expenditure"; Cm 2821, table 7.9. An exercise to collect regional figures for general government expenditure for one financial year only is
| Name | Country | Sector | Amount (mecu) | Lender guaranteed |
| Panafon, SA | Greece | TEN1 telecoms | 54.74 | EIB |
| Groupe Banque Populaire (GBP) | France | SME2 | 75.91 | GBP |
| Telecom Italia | Italy | TEN telecoms | 101.38 | EIB |
| SNAM Trans-mediterraneo | Italy | TEN energy | 100.49 | EIB |
| Aeroporto di Malpensa | Italy | TEN transport | 375.59 | EIB |
| Transgas | Portugal | TEN | 4107.22 | EIB |
| Total | 515.33 |
Notes
1. Trans-European networks (TEN).
2. Small-and medium-sized enterprise (SME).
3. 1st tranche of 25.9 mecu signed.
4. 1st tranche of 46 mecu signed.
Source:
European Investment Fund Annual Report 1994.
For 1995, the fund's business plan provides for a total volume of guarantees of between 1.2 billion ecu and 1.5 billion ecu, taking into account both business prospects and the recent enlargement of the Union by the accession of Austria, Finland and Sweden. It is expected that the proportion of guarantees on loans granted by the European investment bank will reduce to between 60 per cent. and 75 per cent. of total activity and that the mix between TEN and SME operations will be more in line with the business plan projection of 80:20.