EU: Economic Governance Debate

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Department: HM Treasury

EU: Economic Governance

Lord Liddle Excerpts
Wednesday 27th October 2010

(13 years, 7 months ago)

Lords Chamber
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Lord Liddle Portrait Lord Liddle
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My Lords—

Lord Richard Portrait Lord Richard
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My Lords—

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Lord Sassoon Portrait Lord Sassoon
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My Lords, as I understand it, the financial framework and perspective have to be agreed unanimously. Discussions are starting on the framework that will cover the years 2014 to 2021.

Lord Liddle Portrait Lord Liddle
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Will the Minister confirm that tomorrow at the European Council the leaders of France and Germany are going to propose treaty changes on the debt crisis resolution mechanism? Is it not slightly odd that the British Government are going to that meeting without having a view on those proposals?

Lord Sassoon Portrait Lord Sassoon
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My Lords, I sometimes struggle to speak for all the policy matters covered by Her Majesty’s Treasury, which are wide enough. I absolutely cannot speak for what the leaders of France and Germany are going to say when they come to the council tomorrow. I am sure that the Government will be prepared to answer any proposals that come forward. We will hear more about this after the meeting on Monday.