Monday 27th October 2014

(10 years, 1 month ago)

Lords Chamber
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Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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The package to which the noble Lord refers is the new investment package that the new Commission is proposing for the eurozone. Clearly, if it is the eurozone, that does not include the United Kingdom.

Lord Howell of Guildford Portrait Lord Howell of Guildford (Con)
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My Lords, is not the real and deeper lesson of this whole budgetary saga that the European Union administration is struggling to cope with a 20th century, highly centralised EU model in 21st century conditions that are completely different and in which these heavily centralised provisions no longer operate or are even necessary? Are the Minister and the Prime Minister not right to focus on the need for fundamental reform, such as many people throughout Europe, as well as many Governments, are calling for, and on winning the allies to build up a course for a better European Union that will fit 21st century conditions?

Baroness Stowell of Beeston Portrait Baroness Stowell of Beeston
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My noble friend is absolutely right. That is what the Prime Minister is seeking to do and he is attracting a great deal of support from other member states in reforming the European Union, because it is clear that that is what needs to happen.