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Proceeding contribution from George Osborne (Conservative) in the House of Commons on Wednesday, 15 December 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Loans to Ireland Bill.


Loans to Ireland Bill

It is merely an observation that the fact that Ireland is a member of the European Union is not why we are making this loan; it has nothing to do with that. It has to do with the fact that Ireland is deeply connected to us. Indeed, we have just made a loan agreement with Iceland, which of course is not a member of the European Union, in order to seek to recover moneys that were spent on savers in Icelandic banks here in the UK.


Secondary information

Type
Proceeding contribution
Reference
520 c933 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Finance Financial services Government assistance Interest charges Economic situation Euro International Monetary Fund EU grants and loans Parliamentary scrutiny Loans Public finance Republic of Ireland Trade European Central Bank Statutory instruments
Legislation
Loans to Ireland Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk