EU gives IFI £40 million She said the IFI had “produced remarkable results in pacing the way towards a better and peaceful future” on both sides of the border. The proposed extra EU funding will receive the necessary formal approval from EU ministers in December. It is in addition to the £140m that will be allocated from EU regional policy funds to the programme for Peace and Reconciliation (PEACE programme), which operates in Northern Ireland and in the border counties of the Irish Republic. Howard Lake | 12 October 2006 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 15 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Ireland The European Union has made a £40 million contribution to the International Fund for Ireland. The IFI – set up by the Irish and UK governments 20 years ago – has garnered contributions that have delivered 6,000 projects costing more than £580m. The European Commission has contributed more than one third of the total since 1989. It has now said it proposes to contribute another £40,529,575 between 2007 and 2010. According to IFI chairman, Denis Rooney, 2010 is likely to see the end of the IFI.Regional Policy Commissioner Danuta Hubner said the funding was “a clear manifestation of the deep and ongoing commitment of the Union to the peace and reconciliation process in Northern Ireland and the Republic of Ireland”. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.