PM criticised for calling for Euro funds to be cut

The Prime Minister has said that funds from Europe, which benefit large areas of Wales, should be cut as part of moves to freeze or reduce the EU budget. David Cameron made his comments in response to Plaid Cymru's Parliamentary Leader Elfyn Llwyd. You can watch their exchange below:

Elfyn Llwyd said those comments show that the Prime Minister is 'completely out of touch with the needs of the people of Wales.'

It is clear that the Prime Minister is completely out of touch with the needs of the people of Wales. The same is true of the Welsh Labour MPs who recently voted with staunch right-wing Conservatives for a real-terms cut in the EU budget.

This funding provides some of Wales' poorest communities - which are also some of Europe's poorest communities - with vast sums of money.

A cut in the EU Budget will see the gap between the richest and poorest parts of the state would widen considerably. Inner London is by far the richest part of the EU while West Wales and the Valleys are among the poorest.

– Elfyn Llwyd MP, Plaid Cymru

Structural funds have paid out £3.5bn to the poorest parts of Wales - an area defined as 'West Wales and the Valleys' - in two batches since 2000 and another batch from 2013 looks likely. Even so, the Welsh Conservatives' Shadow Finance Minister, Paul Davies backed the Prime Minister.

I think David Cameron is doing the right thing for us (calling for an EU budget freeze.) He's made the point that poorer regions should continue to receive economic aid. But the reality is that all regions will have to play their part if the budget is frozen.

– Paul Davies, AM Shadow Finance Minister

That was echoed by his leader, Andrew RT Davies who said it's 'only right and reasonable that where savings can be made they should be made' before going on to attack Labour's track record in handing the EU grants since 2000.

That was echoed by his leader, Andrew RT Davies who said it's 'only right and reasonable that where savings can be made they should be made' before going on to attack Labour's track record in handing the EU grants since 2000.

– Andrew RT Davies AM, Leader of the Opposition

Despite being coalition partners with the Conservatives at Westminster, the Liberal Democrats in Wales have joined criticism of the Prime Minister. When I asked Finance spokesperson Peter Black if Mr Cameron was right, he said:

No, he's not right. Wales relies on that EU aid and benefits from it. We need to fight Wales' corner and have to make sure the third tranche (of funding) is not diminished.

Wales cannot afford to have less (funding) and that money must be used to make Wales more prosperous.

– Peter Black AM, Welsh Liberal Democrats