Cyprus Debate

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Department: HM Treasury
Monday 18th March 2013

(11 years, 2 months ago)

Commons Chamber
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Greg Clark Portrait Greg Clark
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The Government of Cyprus agreed to this proposal. The spokesman for the German Government was very clear that how Cyprus makes its contribution—how it makes the payments—is up to Cyprus. If the Government of Cyprus, recently elected by their people, make this decision, it is for them to justify it to the Cypriot Parliament.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Is this not proof positive, if any were needed, that if a country signs up to the euro it is effectively abandoning its economic sovereignty and national independence?

None Portrait Hon. Members
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Hear, hear.