Cyprus Debate

Full Debate: Read Full Debate
Department: HM Treasury
Monday 18th March 2013

(11 years, 8 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Greg Clark Portrait Greg Clark
- Hansard - - - Excerpts

The whole House has an interest in ensuring that right across Europe, in countries that are members of the eurozone or those that are not, there is confidence in the banking system. This period of several days of uncertainty is undesirable. We need to get arrangements in place, as the hon. Member for Nottingham East (Chris Leslie) said, to have clear resolution plans in advance. It needs to be sorted out quickly, because the situation is undesirable. I think that it is in everyone’s interests that it is resolved very soon.

Matthew Offord Portrait Dr Matthew Offord (Hendon) (Con)
- Hansard - -

I am grateful to the Minister for the conversation he and I had about the issue earlier today. I am also grateful to Councillor Andreas Tambourides, who has discussed it with me, and to my constituent Wayne Boothroyd, who e-mailed me to ask specifically about British service personnel on the island. What assurances can the Minister give me to pass on to my constituent that members of the armed forces will be compensated for their total losses, not their “reasonable” losses, as the Minister said in his statement?

Greg Clark Portrait Greg Clark
- Hansard - - - Excerpts

The Defence Secretary and the Foreign Secretary have given a voluntary commitment to making sure that we do right by our armed forces, and their intentions are absolutely clear—that we should not be putting at a disadvantage the men and women who serve our country overseas, in this case in Cyprus.