Lord Stoddart of Swindon
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EU Council
Lord Stoddart of Swindon Excerpts(11 years, 5 months ago)
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Lord Strathclyde
My Lords, that is a good question but I will not be tempted to get into the details of this, because they have not been finally agreed within the eurozone. Final conclusions on that will need to be come to over the course of the next few months.
Lord Stoddart of Swindon
My Lords, first, I wonder whether the noble Lord has seen a report that the Bundesbank’s lawyers have found that the eurozone banking union lacks a sustainable legal basis and that there is a lack of clarity over the new safeguard powers. Is he able to comment on that? It is a very serious statement. Secondly, on page 4 the Prime Minister says:
“We will never support a European army”,
but we have an Air Force and a Navy as well, so presumably the “army” also includes those two forces. Perhaps the wording ought to be reconsidered in future. Thirdly, on Syria, I find it very worrying that the Government are urging that the arms embargo should be lifted by the European Union. Arms mean more deaths, surely. Will the Government not embark upon a peace process rather than a war process, given the support of some elements in Syria which are nasty, vicious and should not be supported?
Lord Strathclyde
My Lords, on the question of the Bundesbank and its lawyers’ view of the safeguards, the noble Lord has an advantage over me. I have not seen that but perhaps I could ask my officials to look into it and I will send him a letter. As far as I am concerned, when the Prime Minister said that Britain will not join a European army, he meant the European armed forces. Why do I say that with such confidence? Because I know that what he believes in is co-operation between our nations and their armed forces, which we have done very successfully, particularly with the French, and no doubt that will continue. On Syria, I agree with the noble Lord that it would be premature to lift the arms embargo but it is also right to keep it under review, and that is what we are doing.