Greece

John Bercow Excerpts

Monday 6th July 2015 Commons Chamber

[Several hon. Members]

rose—

[Mr Speaker]

Order. In belatedly congratulating the right hon. and learned Member for Rushcliffe (Mr Clarke) on his birthday last Thursday, I express the hope that he was able to celebrate with something more than mineral water and muesli.

[Mr Kenneth Clarke (Rushcliffe) (Con)]

I am glad to say I was, Mr Speaker. I was not going to ask my right hon. Friend about my birthday, but thank you very much for your kind remarks.

Will my right hon. Friend continue to give support to those of our sensible European allies who insist that the Greek Government cannot just expect a third bailout and a second restructuring of their debts, so that Irish, Portuguese, Spanish and other taxpayers can continue to pay for untenable levels of public expenditure, including generous early retirement schemes, bloated public sector payrolls and so on? Does he also accept that if in the next week or two the Greek Government just print a new currency, called the new drachma, it will be a quite worthless means of exchange that will probably not be used by the Greek population or by foreign suppliers of commodities? There is therefore no alternative to the Greek Government eventually agreeing structural reform, to give them a competitive economy for the future and to rejoin the European community of nations.

--- Later in debate ---

[Nadhim Zahawi (Stratford-on-Avon) (Con)]

Such external shocks do focus the mind. May I bring the Chancellor back closer to home? He has tough decisions to make on Wednesday. Has he had any representations from the Opposition Benches about where those cost savings should come, and support for the long-term economic plan?

[Mr Speaker]

That has very little to do with Greece. The hon. Gentleman has put his point on the record, but it is nothing to do with the statement today, to the details of which we ought to attend.

[Graham Stringer (Blackley and Broughton) (Lab)]

The Chancellor, in a moderate and balanced statement, said that he respects the Greek decision. That is in sharp contrast to some of the eurocrats and Ministers from other eurozone countries, who have made bullying and intemperate statements to the Greek Government. Will the Chancellor tell the House what steps he and the Prime Minister have taken to stop the same people trying to interfere in our referendum about our future in the European Union?

--- Later in debate ---

[Several hon. Members]

rose—

[Mr Speaker]

Order. Accommodating remaining colleagues will require brevity, to be exemplified by Mr Philip Davies.

[Philip Davies (Shipley) (Con)]

Is not the genesis of the problem that the EU allowed Greece to fiddle the figures in order to join the euro in the first place? Is not this blinkered pursuit of a political project of ever-closer union, rather than thinking through the economic consequences, the reason why we need to leave the European Union?