Greece

Lord Spicer Excerpts

Wednesday 1st July 2015 Lords Chamber

[Lord Ashton of Hyde]

My Lords, I completely agree with my noble and gallant friend. As the Chancellor said, we hope for the best but we prepare for the worst. That certainly includes some of the security issues that my noble and gallant friend has mentioned.

[Lord Spicer (Con)]

My Lords, could my noble friend the Minister have another crack at my noble friend Lord Higgins’s Question? Does he agree that it would be in Greece’s interest if it had a flexible exchange rate that reflected the economy and created a more competitive economy in Greece?

[Lord Ashton of Hyde]

I am absolutely not going to tell the Greek Government how to deal with their economic situation. It is certainly not my place.