Robert Halfon
Main Page: Robert Halfon (Conservative - Harlow)Department Debates - View all Robert Halfon's debates with the Cabinet Office
(9 years, 5 months ago)
Commons ChamberI believe strongly in maintaining our national currency, but it is not a realistic option to tell all other countries in Europe which currency they should use. Many of them are hugely enthusiastic about the euro. However misguided I feel that is, arguing that they should all break up their currency is not a viable option. Obviously, being in the euro and not being able to devalue have damaged Greece’s ability to respond to the problems, but we cannot lay all the problems with the Greek economy at the door of the euro. Greece has a long history of not making structural reforms, having ludicrously early retirement ages—[Interruption.]—having problems with its working practices and all the rest of it. The hon. Member for Bolsover (Mr Skinner) asks what is wrong with ludicrously early retirement ages. He has enjoyed making such comments from a sedentary position for many, many years and I am sure that he will do so for many years to come. There is a slight irony there.
Did my right hon. Friend have any discussions at the European Council about the jobs miracle in this country, in that there are more people employed here than at any time in our islands’ history? Did he ask members of the European Council to come and see that miracle at first hand in Harlow, where unemployment has halved, youth unemployment is down by nearly 60% and apprenticeships are up by 116%?
I am grateful to my hon. Friend for his question. We discussed the employment situation across Europe and I was able to give a very strong report on what is happening in Britain: the 1,000 jobs that are being created every day and the plummeting levels of unemployment and youth unemployment. I said that that is evidence of the combination of long-term structural changes and economic recovery. There are European countries with very high structural rates of unemployment that need to take action to deal with that.