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Proceeding contribution from Austin Mitchell (Labour) in the House of Commons on Tuesday, 25 January 2011. It occurred during Debate on bill and Committee of the Whole House (HC) on European Union Bill.

European Union Bill

Oh it is difficult talking to Liberal Democrats! I did not actually say that we would be outside the effects of the euro. In fact, the foolish deflation that is going on all over Europe damages us, because half of our trade is with Europe and we want our exports to Europe to increase. With our ability to devalue, we have the ability to increase our exports, and they are increasing for the first time in many years—thanks to devaluation. I want markets in Europe to be healthy, but I do not want the British taxpayer to be asked to support Europe in its folly.

Secondary information

Type
Proceeding contribution
Reference
522 c228 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Crime Administration of justice Common fisheries policy Crown dependencies British overseas territories Fisheries EU law Electoral Commission European communities Gibraltar Economic situation EU action Economic and monetary union Northern Ireland Prosecutions Referendums Loans Peers Scotland Sovereignty Republic of Ireland Treaties Security Reform Wales UK membership of EU European financial stabilisation mechanism
Legislation
European Union Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk