Eurozone Debate

Full Debate: Read Full Debate
Department: HM Treasury

Eurozone

Sam Gyimah Excerpts
Monday 10th October 2011

(13 years, 1 month ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

We are also arguing strongly for a real freeze in the budget and—I alluded to this earlier—a change in the direction of European policy making so that we do not price this entire continent, including ourselves, out of the world market.

Sam Gyimah Portrait Mr Sam Gyimah (East Surrey) (Con)
- Hansard - -

Does the Chancellor agree that, in the short term, quantitative easing could produce a weaker pound, and that within clearly defined limits that could help to boost exports and therefore drive growth?

George Osborne Portrait Mr Osborne
- Hansard - - - Excerpts

I have made it a policy not to comment on the value of sterling and I do not intend to break that policy right now.