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.'
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.
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.
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: