Proceeding contribution from Baroness Falkner of Margravine (Liberal Democrat) in the House of Lords on Tuesday, 3 May 2011. It occurred during Committee of the Whole House (HL) and Debate on bill on European Union Bill.
European Union Bill
Perhaps I may interpose a thought on this important point. My noble friend Lord Lamont several times mentioned the European financial stability mechanism. Does the noble Lord accept that, when it comes to financial crises arising and bailouts being instituted, the mechanism will take some years to come into effect? While I agree that technology can drive an impetus for change, in general I do not see any decision-making processes in the EU being affected by this. The bailouts were urgent for the countries involved, yet they will take about two years to implement.
Secondary information
- Type
- Proceeding contribution
- Reference
- 727 c395
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Climate change Competition EU law Energy supply Human trafficking EU accession Financial services EU internal trade Legislation European communities EU internal relations Powers Referendums Piracy Sovereignty Treaties Regulation Treaty on European Union UK membership of EU Treaty on the Functioning of the European Union EU aid Treaty of Lisbon
- Legislation
- European Union Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 15:44:16 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_738897
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_738897
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- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_738897