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Proceeding contribution from Stuart Bell (Labour) in the House of Commons on Monday, 15 December 2008. It occurred during Ministerial statement on EU Council/Afghanistan, India and Pakistan.

EU Council/Afghanistan, India and Pakistan

I welcome the Prime Minister's statement that the European Council has endorsed the European Commission's recommendation that €200 billion should be put into the European economies, building on the €62 billion from France, the €32 billion from Germany and the €2.18 billion from Portugal, as well as a future $800 billion from the United States. Given the flawed monetary policy to which the Prime Minister has referred, is it not beyond peradventure that a monetary policy plus fiscal stimulus is the only way out of the difficulties, and that to talk consistently of a national loans scheme for small businesses when one already exists is simply a camouflage for having no policy at all?

Secondary information

Type
Proceeding contribution
Reference
485 c824 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Armed forces Climate change Deployment Development aid Casualties Carbon capture and storage Elections Investment Energy supply European Union Electoral register Fiscal policy Forests Interest rates Financial markets India Referendums Pakistan Republic of Ireland Treaties Refugees Afghanistan NATO European Council Treaty of Lisbon Official visits
Link
View this Proceeding contribution on www.publications.parliament.uk