Lord Soley
Main Page: Lord Soley (Labour - Life peer)Department Debates - View all Lord Soley's debates with the HM Treasury
(12 years, 6 months ago)
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Lord Sassoon
My Lords, many people have been painting scenarios of which my noble friend sketches out one. This is not the time to talk about different scenarios. We want to see an early resolution of the Greek uncertainty, the ring-fencing of other vulnerable economies, the recapitalisation of the banks and work on European growth. That has to be the priority for the moment.
Lord Soley
The Government say that the eurozone countries must take decisive action. What decisive action do the Government have in mind?
Lord Sassoon
Again, my Lords, I will not speculate on the range of scenarios. Plenty of advice has been given to the UK Government, to each of the individual Governments in the eurozone and to the eurozone collectively. The important thing is to get on with it. The next major milestone will be what the Greek people decide at their forthcoming election.