Written question asked by Lord Higgins (Conservative) on Monday, 13 July 2015, in the House of Lords. It was due for an answer on Monday, 27 July 2015. It was answered by Lord O'Neill of Gatley (Conservative) on Monday, 27 July 2015 on behalf of the Treasury.
Loans: Greece
- Question
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To ask Her Majesty’s Government what estimate they have made of the cost to the public purse of (1) arrangements made, and (2) proposed arrangements, to deal with the Greek financial crisis.
- Answer
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The Government has secured a deal that protects UK taxpayers from any risk from financing euro area bailouts now and in the future. This deal gives legal force to the commitment secured in 2010 that UK taxpayers would not be drawn into a euro area bailout. Under the European Financial Stability Mechanism (EFSM) short term financing agreement concluded on Friday 17 July, Greece’s IMF arrears have also been cleared.
Secondary information
- Type
- Written question
- Reference
- HL1377
- Session
- 2015-16
- Subjects
- Greece Loans
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-07-05 18:56:10 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL1377
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL1377
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2015-16/HL1377