The Deputy is aware of the amount available under the operational programme. The INTERREG II Programme was recently launched following approval of the Commission some months ago and tourism will be a beneficiary of that programme. The programme's European Regional Development Fund allocation for tourism in the six southern Border counties for the period 1994-1999 will be £10 million and the equivalent Northern budget for tourism is about £3.5 million sterling. In respect of the special EU programme, the Essen package, additional EU funding will be provided to support the Northern Ireland peace process. Commission guidelines indicate that programme will cover the following broad themes: urban and rual regeneration, employment, cross-Border development, social inclusion, productive investment and industrial development.
Indications are that total EU funding available under the initiative will be in the region of 300 million ECU or about £240 million over three years. Of this amount, the South of Ireland is expected to get approximately 60 million ECU or £48 million over the period. It is not known yet how much, if any, of these funds will be used to support tourism development in Northern Ireland and the six southern Border counties. Funding over a further two year period will be subject to a review of the position by the Commission, and it is likely to be the autumn before such a review is undertaken.