European Council Debate

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Department: Cabinet Office

European Council

Alec Shelbrooke Excerpts
Monday 27th June 2011

(12 years, 10 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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First, as I said earlier, the IMF cannot lend money unless it believes that a country can undertake a programme that will lead it to pay back that money. Secondly, Britain’s interests are protected, because we will not contribute via the financial mechanism to Greece. Thirdly—I have said this before but I do think it important—the Greeks want some time, via some extra liquidity, so that they can take steps to get themselves back on a path to fiscal sanity. Of course, people can doubt whether that can happen, but the Greeks want to be able to get people to pay their taxes, to reduce spending programmes and to privatise assets so that they can get back to a position of financial sanity. That is the decision they have taken; that is the decision taken by members of the eurozone; and that is what the eurozone members themselves will support.

Alec Shelbrooke Portrait Alec Shelbrooke (Elmet and Rothwell) (Con)
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With the Greece situation showing what happens if a country does not control its deficit, does my right hon. Friend the Prime Minister agree that the actions of Labour’s paymasters this Thursday show that they and the Opposition are more interested in dogmatic cobblers than harsh reality?

John Bercow Portrait Mr Speaker
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Order. I have explained the point on innumerable occasions to Members that questions are to be about the policy of the Government, not that of the Opposition, so we will now move on.