(12 years, 3 months ago)
Lords Chamber Baroness Warsi
        
    
    
    
    
    
        
        
        
            Baroness Warsi 
        
    
        
    
        My Lords, I am not in the habit of commenting on rumour. What I can say is that I am aware that Mrs Merkel is committed to a more competitive and flexible Europe and that in a number of areas we do, in fact, agree.
 Lord Tugendhat
        
    
    
    
    
    
        
        
        
            Lord Tugendhat 
        
    
        
    
        My Lords, does the noble Baroness agree that there is too much pessimism around these questions? Not only have there been encouraging responses from the German Government, the Dutch Government and the Italian Government, it is quite clear that in the coming two or three years either the eurozone will come closer together, in which case there will have to be a general negotiation with the non-eurozone countries, including ourselves, or the eurozone will split apart, in which case again there will have to be a general recasting of relationships. Within that context, the Prime Minister’s ambitions seem perfectly reasonable. Does she not agree?