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Proceeding contribution from Michael Connarty (Labour) in the House of Commons on Monday, 24 October 2011. It occurred during Ministerial statement on European Council.


European Council

With some financial analysts saying that banks holding sovereign debt might have to take a 25% to 60% write-down on that, can the Prime Minister elucidate for the benefit of the House what he means by a ““financial firewall big enough to contain any contagion””, and say whether he thinks that the IMF needs to be involved and that the problem cannot be solved in Europe?


Secondary information

Type
Proceeding contribution
Reference
534 c39 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Armed conflict EU withdrawal EU internal trade Economic and monetary union EU economic policy Referendums Politics and government UK membership of EU European Council Libya Military intervention Brussels
Link
View this Proceeding contribution on www.publications.parliament.uk