Eurozone Crisis Debate

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Department: HM Treasury

Eurozone Crisis

William Cash Excerpts
Thursday 3rd November 2011

(13 years ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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The right hon. Gentleman makes an important point. This is a matter for the Greek people and the Greek Government to decide. That is a principle to which I am sure everyone in the House would wish to adhere.

William Cash Portrait Mr William Cash (Stone) (Con)
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The Minister will know that the presidency conclusions last week set out 10 new areas of European economic governance. What is the legal basis in the existing treaties for the creation of these new areas of governance and for the creation of a euro summit? Was the Prime Minister asked to give UK consent? Did he give his consent or were the Government bypassed? As Chairman of the European Scrutiny Committee, I would be grateful for specific answers to those questions.

Mark Hoban Portrait Mr Hoban
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My hon. Friend will be aware that a number of actions have been taken throughout this crisis intergovernmentally rather than through the institutions of the European Union. That applied to the creation, for example, of the European financial stability facility. There are ways in which actions can be taken that do not depend on the treaty because they are done between Governments rather than between Governments and the European Commission.