Lord Tomlinson
Main Page: Lord Tomlinson (Labour - Life peer)Department Debates - View all Lord Tomlinson's debates with the HM Treasury
(12 years, 7 months ago)
Lords ChamberBecause it is a complicated Question, which deserved a somewhat fuller Answer.
My Lords, as the decisions affecting the eurozone clearly have a major impact on this country and its economy, can the noble Lord at long last tell us precisely what advantages are achieved for the United Kingdom by excluding ourselves from some of the very important European decisions?
My Lords, we are not excluding ourselves from very important decisions; we are saying that it is for members of the eurozone to take the lead in sorting out the problems with the euro. We are very much at all the discussions. As well as questions of potential and past bailouts, we are discussing growth strategies and the completion of the single market, which will put Europe back on a sustainable growth path.