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Proceeding contribution from Alan Johnson (Labour) 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

We have the €60 billion fund, about which the hon. Member for Dover (Charlie Elphicke) intervened, and we have a second fund of €440 billion. I am simply pointing out—the public deserve to know this—that only 4% is coming from the larger amount and 37% from the smaller amount. I am curious about that, and we need to understand the logic of it.


Secondary information

Type
Proceeding contribution
Reference
520 c947 
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