European Council

Andrew Stephenson Excerpts

Monday 27th June 2011 Commons Chamber

[The Prime Minister]

I think that what changed was that because we were not involved in the first Greek bail-out, we were able to make the argument that we should not be involved in subsequent bail-outs—particularly because, as we are not members of the eurozone, we were not involved in the design of the new package. None the less, we were at risk, because there were countries that wanted to push the EFSM and its use for Greece, but we ran a very strong diplomatic campaign, using every lever at our disposal to persuade our good friends and allies in Europe that it would not be fair for Britain to pay, and we achieved that. It was not an insignificant achievement, because it took quite a lot of negotiating heft to get it done.

[Andrew Stephenson (Pendle) (Con)]

I welcome the Prime Minister’s statement. With an estimated cost to UK taxpayers of £25 million for the new £280 million home for European Union summits, which represents an unnecessary expense at a time of cuts and deficit reduction across Europe, will he assure us that further spending by the European Union will match the manner of spending currently seen in member states?

[The Prime Minister]

I can certainly give that assurance. We have actually managed to write into Council conclusions that Europe’s spending should mirror what is happening in member states. The decision about the new building was taken, I think, in 2003, when the Labour party was in power. All I can say is that it seems to me that the building in which we hold the European Council has got plenty of space for all of us, and indeed for new members. I think they need to get real in Brussels and in the European Union about recognising the sacrifices that many countries are making in terms of spending restraint, and they need to start showing a bit of spending restraint themselves.