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Proceeding contribution from Rachel Reeves (Labour) in the House of Commons on Thursday, 27 May 2010. It occurred during Queen's speech debate on Energy and Environment, Food and Rural Affairs.


Energy and Environment, Food and Rural Affairs

Will my right hon. Friend confirm that Greece's debt is 110% of its gross domestic product? That is twice as high a ratio of debt to GDP as that in the UK. That, and not the budget deficit, is the important point with regard to sustainability. The budget deficits of Greece and the UK are comparable, but in terms of sustainability, the issue is the level of debt. As the UK's debt is half the level of Greece's, those comparisons are scaremongering excuses for policies that the Conservatives always wanted to pursue.


Secondary information

Type
Proceeding contribution
Reference
510 c322 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Conservation Climate change Biodiversity Environment Energy Energy supply Planning Natural gas Nuclear power Prices Standards Renewable energy Wind power Infrastructure Planning Commission
Link
View this Proceeding contribution on www.publications.parliament.uk