Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Thursday, 26 January 2012. It occurred during Topical debate and Backbench debate on European Council.
European Council
Because, as I just explained, it is totally different if a country has its own currency and can use monetary mechanisms to try and grow its way out of the problems, and can establish an exchange rate that allows it to export its way out of the problems, which is exactly what these countries have to do, and are unable to do because they are locked in.
Secondary information
- Type
- Proceeding contribution
- Reference
- 539 c446
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- EU countries Economic situation Economic and monetary union UK membership of EU European Council
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-15 15:18:15 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_804284
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