19 JUL 2011

Crisis in the Eurozone - Greece

The economic stability in Greece has been very worrying to witness over the past few weeks, not only for the future of the Greek economy and people, but for the whole of the Eurozone and EU. It is therefore in all our interests that a stable solution is found to the crippling sovereign debt that Greece is now sinking under.

In light of the pressing importance of this, today in Foreign Office questions I asked Minister David Lidington:

Will Ministers say what reports they have received on the economic situation in Greece, on whether there has been any intelligence on the likelihood of a default and on the likelihood of Greece remaining in the euro?

David Lidington MP: We receive many reports on Greece—including, of course, on the very grave economic situation there. The economic health of the eurozone, including that of Greece, is important in assuring jobs and prosperity in this country. It is important both that the Greek Government deal with the structural reforms and the changes to bear down on their own deficit and that the eurozone more widely addresses the causes of instability. We hope that they do so at their meeting planned for this week.


Post a comment

Back to all posts

Charlie Elphicke

It has been an honour and privilege to serve as Member of Parliament for Dover & Deal. I hope to be re-elected to serve our community for another term. 

Many of my appearances in the House of Commons are now on Youtube. Please click the link to watch the footage.

Please email me at charlie@elphicke.com or ring my office on 01304 379669 if you need to get in touch.