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EU billions fail to lift west Wales and valleys economy
Date 14/10/2011 15:02  Author webmaster  Hits 867  Language Global
• 14 OCT 2011

BBC

West Wales and the southern valleys have become relatively poorer, despite receiving billions in EU funding, according to figures seen by the BBC.

It is one of a handful of places to get poorer after two rounds of funding.

More than £6bn has been invested from European money and match funds from UK, Welsh and local governments.

The European Commission said figures were disappointing, but did not reflect how funds were distributed. The Welsh government has been asked to respond.

The figures were obtained by BBC Wales' Dragon's Eye programme.

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