European Summit Debate

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Department: HM Treasury

Sajid Javid

Main Page: Sajid Javid (Conservative - Bromsgrove)

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European Summit

Sajid Javid Excerpts

Business of the House
Thursday 24th March 2011

(13 years, 7 months ago)

Commons Chamber
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Urgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.

Each Urgent Question requires a Government Minister to give a response on the debate topic.

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Mark Hoban Portrait Mr Hoban
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The hon. Lady, who is very knowledgeable and well-versed in these matters, knows exactly the terms on which the EFSM was established. However, I do not believe that it is helpful to speculate on hypothetical situations.

Sajid Javid Portrait Sajid Javid (Bromsgrove) (Con)
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Portugal finds itself in this sorry state today because yesterday its Parliament failed to pass a budget that would have allowed foreign investors to continue investing in its sovereign bonds. Does my hon. Friend realise that had we not had a change of Government in our country 10 months ago, we could just as easily have found ourselves in a very similar situation?

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