Eurozone Crisis Debate

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Department: HM Treasury

Eurozone Crisis

David Winnick Excerpts
Thursday 3rd November 2011

(12 years, 6 months ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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My hon. Friend has made an important point about the global role of the IMF. It is there to support economies that face challenging circumstances. There is a range of programmes in 53 states, and it is right for the IMF to have the resources that it needs if it is to help to stabilise the global economy.

David Winnick Portrait Mr David Winnick (Walsall North) (Lab)
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Why are the EU leaders so fearful of democracy? In view of the massive cuts that are to be imposed on the Greek people under the deal that was negotiated this week, what sort of democracy would it be if they were denied the opportunity to say yes or no?

Mark Hoban Portrait Mr Hoban
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I do not think that anyone in the House is suggesting that the Greek people should not be in charge of their own destiny.