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Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Monday, 12 December 2011. It occurred during Ministerial statement on European Council.


European Council

I think this may be the last time that I get called. On the substance of the meeting, why did no one address the immediate crisis, which is what to do about repaying the debt? If anyone is isolated, is it not Germany because Germany needs to realise that she needs to write a cheque or allow the European Central Bank to be the banker of last resort and print money? We will otherwise go into deep crisis. This crisis is being used as an excuse for further integration and as such is deeply irresponsible.


Secondary information

Type
Proceeding contribution
Reference
733 c1043 
Session
2010-12
Chamber / Committee
House of Lords 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