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Proceeding contribution from Lord Cameron of Chipping Norton (Conservative) in the House of Commons on Monday, 12 December 2011. It occurred during Ministerial statement on EU Council.


EU Council

I respect the hon. Gentleman, who has a long track record on these issues, but on the Greek bail-out I am afraid I just do not support him. Britain was not in the original Greek bail-out—rightly, I think—and we should not be in subsequent Greek bail-outs. Frankly, the last Government made a mistake in getting us into the euro bail-out mechanism. We have got out of that, but that does not mean that Britain is not a generous nation that wants to help its allies. We have lent £5 billion to Ireland, and our economies are very integrated. I think the Irish are doing some very difficult things to get their economy back on track, and we support them in the work they are doing.


Secondary information

Type
Proceeding contribution
Reference
537 c531 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Banks EU countries Financial services Financial institutions EU internal trade EU action Economic and monetary union Euro Referendums Treaties Regulation UK membership of EU European Council
Link
View this Proceeding contribution on www.publications.parliament.uk