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Proceeding contribution from Lord Cameron of Chipping Norton (Conservative) in the House of Commons on Monday, 20 December 2010. It occurred during Ministerial statement on European Council.


European Council

Yes—of course we had that conversation. We had a conversation about how we can create growth and jobs in Europe. However, if one listens to the left-wing leaders of Portugal, Greece and Spain talk about the problems in their economies, they say that they know that they must deal with their deficits and show that they have a plan to get their deficits down. At the moment, their interest rates are rising higher and higher, making growth more difficult. The idea that there is an alternative socialist wonderland where one can forget about how much money one is borrowing is for the birds.


Secondary information

Type
Proceeding contribution
Reference
520 c1200 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
EU budget Economic and monetary union Euro Loans European Council Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk