European Council

Peter Bone Excerpts

Monday 23rd February 2015 Commons Chamber

[The Prime Minister]

This issue is not really for Britain, but between Greece and her creditors. I am happy to say that, because this Government got us out of the bail-out zones, we are not one of Greece’s creditors. All I can say is that I understand the passions on both sides. I can understand why German and Dutch Prime Ministers feel so strongly that they must get back the money they have lent and should not take a massive loss, but I can also understand the desire of the Greek people to see some economic growth after having seen their GDP decline 25%, so one can understand the arguments. Fundamentally, this is part of the problem of the design of the eurozone, which is why we are not in it.

[Mr Peter Bone (Wellingborough) (Con)]

I overheard two constituents talking about the EU. They were discussing why the country should come out of this terrible superstate. One of them said, “In this country, we have created more jobs than the rest of the EU added together”, and the other one said, “Well, it’s happening in north Northamptonshire: in Kettering, unemployment has fallen by more than 50%; in Wellingborough, it has fallen by more than 55%; and in Corby, it has fallen by more than 60%.” The thing that Mrs Bone and Tom Pursglove, the excellent Conservative candidate for Corby, agreed on was that the long-term economic plan is working. Are they right?

[The Prime Minister]

It is obviously good to bring those characters together in one good story. The point I would make is that it is true we have created more jobs in Britain than the rest of the EU put together over the past four and three-quarter years, which is 1,000 jobs a day. I would argue that the best way to go on creating jobs is to reform the European Union, have the renegotiation and then have a referendum, where the best outcome would be Britain remaining part of a reformed European Union. I think we can get the best of both worlds.