Lord Hamilton of Epsom
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EU: Euro Area Crisis
Lord Hamilton of Epsom Excerpts(12 years, 6 months ago)
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Lord Hamilton of Epsom
What does my noble friend think about the article in the Times yesterday in which the German Foreign Minister said that within the European budget there were resources that could be used to stimulate the eurozone economy, including about €80 billion which remains unspent as we speak?
Lord Sassoon
My Lords, within what needs to be tight discipline—tighter than has been exhibited in recent years—over the overall European budget, certainly these ideas of targeting funds better within the existing budget envelope need to be looked at very hard.