EU Council Debate

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Department: Cabinet Office
Monday 12th December 2011

(12 years, 11 months ago)

Commons Chamber
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Lord Cameron of Chipping Norton Portrait The Prime Minister
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The hon. Gentleman makes an interesting argument. There are big questions to answer for the countries that are signing this. I think you have to have that sort of fiscal co-ordination with a single currency—he and I probably agree that that is one of many reasons why we should not join a single currency. My job at that European Council was to stand up for Britain’s interests and that is what I did.

David Nuttall Portrait Mr David Nuttall (Bury North) (Con)
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I welcome the stance taken by the Prime Minister. Given that the other members of the European Union refused to agree even to the very modest proposals that he put forward, what chance is there of their ever agreeing to allow this country to regain control over such matters as those covered by, for example, the working time directive?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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I am grateful for my hon. Friend’s question, but I am not as pessimistic as he is that there is no prospect of rebalancing powers within the European Union. There are possibilities and opportunities. We did that in terms of the bail-out fund and I think there will be opportunities in future.