Oral Answers to Questions

Heidi Allen Excerpts

Tuesday 14th July 2015 Commons Chamber

[Mr Lidington]

Both the Prime Minister and the Chancellor have already made it clear that there can be no question of British taxpayers being on the line for a deal to keep Greece in the euro. We have chosen not to join the eurozone: there has been a clear agreement by every one of the EU member states that we should not be liable for bail-outs of eurozone countries. It is for the eurozone countries to decide how they are going to organise the detail of the deal they struck earlier this week.

[Heidi Allen (South Cambridgeshire) (Con)]

10. What assessment he has made of the current situation in Greece and the effect of that situation on other EU member states.

[The Minister for Europe (Mr David Lidington)]

The Government have carried out regular assessments of the events in Greece and the impact they might have on British business interests, British residents in Greece and British tourists. We have put in place contingency measures for a variety of scenarios to ensure that our interests and those of our citizens are protected. We judge the risk of contagion elsewhere in Europe to be much reduced when compared with the situation in 2012.

[Heidi Allen]

It is fair to say that the situation has moved on ever so slightly from when I tabled the question. It may be too early to tell, but will we be in a position to look at how the negotiations pan out and assess whether that makes us feel stronger in our desire for renegotiation or weaker?

[Mr Lidington]

The events that have taken place in the eurozone over the last few weeks have confirmed our wish to see an ambitious programme of reform and renegotiation. In particular, they have demonstrated the need for Europe to work out a design for European co-operation that distinguishes between eurozone countries that will need to move towards closer integration over time, and member states that choose to stay outside the eurozone.