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Proceeding contribution from Tony Blair (Labour) in the House of Commons on Monday, 19 December 2005. It occurred during Ministerial statement on European Council.


European Council

I thank my hon. Friend for that question and she is right to say that there will be a big transfer of money, but there are other interesting points to note about the central and eastern European countries. For example, my conversations with the Prime Minister of Estonia and with representatives of many of the other central and eastern European countries showed that they believe that they will very quickly become net contributors to the European budget. Their economies are doing extremely well, they are expanding quickly and they are massive economic reformers. What all of them therefore need is this seed corn investment, which allows them to grow quickly. In time, of course, the result will be a massive increase in trade between those countries and this country. That is an example of the way in which the European Union has granted us such prosperity over the years.


Secondary information

Type
Proceeding contribution
Reference
440 c1578 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
EU enlargement European Union EU budget EU economic policy Rebates Reform Common agricultural policy European Council
Link
View this Proceeding contribution on www.publications.parliament.uk