Eurozone Financial Assistance Debate

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Department: HM Treasury

Eurozone Financial Assistance

Lord Lilley Excerpts
Tuesday 24th May 2011

(12 years, 11 months ago)

Commons Chamber
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Michael Connarty Portrait Michael Connarty
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I will give way in a moment.

Everything I am discussing is the consequence of the things that the Governments of these countries did; this was not about the EU being in existence and not about their being members of the eurozone. These things were done by those Governments. The offer is that the IMF, the World Bank and the eurozone countries, mainly, will bail out those countries.