Referendum: European Union

Lord Pearson of Rannoch Excerpts

Monday 29th July 2013 Lords Chamber

[Baroness Warsi]

My noble friend is aware that the German finance Minister claimed that banking union could not be completed without a change to the treaties and therefore he has proceeded in the way he has. I go back to the general question on this matter, which is that reforms—including in relation to a banking union—can start to happen right now. It is right that we should continue to negotiate a better position for the United Kingdom, always keeping in mind the longer-term view of what more we can negotiate for a position that is better for us within the European Union.

[Lord Pearson of Rannoch]

My Lords, is there any truth in the rumour that Mrs Merkel has agreed to go along with minimal cosmetic treaty changes in the hope that the British people can be deceived into voting for what will still be a fundamentally unreformed European Union?

[Baroness Warsi]

My Lords, I am not in the habit of commenting on rumour. What I can say is that I am aware that Mrs Merkel is committed to a more competitive and flexible Europe and that in a number of areas we do, in fact, agree.