Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on (a) the UK economy and (b) public finances of higher unemployment levels in (i) the Eurozone and (ii) other EU member states.

HM Treasury does not publish estimates of the effect of higher unemployment levels in the euro area or other EU Member States on the UK economy or public finances. The Treasury continuously monitors global economic developments as part of the normal process of domestic policy development.