Oral Answers to Questions

Charlie Elphicke Excerpts

Tuesday 19th July 2011 Commons Chamber

[Mr Speaker]

Order. We need very brief questions and answers.

[Charlie Elphicke (Dover) (Con)]

Will Ministers say what reports they have received on the economic situation in Greece, on whether there has been any intelligence on the likelihood of a default and on the likelihood of Greece remaining in the euro?

[Mr Lidington]

We receive many reports on Greece—including, of course, on the very grave economic situation there. The economic health of the eurozone, including that of Greece, is important in assuring jobs and prosperity in this country. It is important both that the Greek Government deal with the structural reforms and the changes to bear down on their own deficit and that the eurozone more widely addresses the causes of instability. We hope that they do so at their meeting planned for this week.