EU: Recent Developments — Motion to Take Note

Part of the debate – in the House of Lords at 12:07 pm on 16 February 2012.

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Photo of Lord Tebbit Lord Tebbit Conservative 12:07, 16 February 2012

The noble and learned Lord suggests that I find something satisfactory in these difficulties. I do not. However, the sooner they are resolved by Greece leaving the euro, the sooner Greece will be able to conduct its own affairs and get back on its feet. That probably applies to Spain and Portugal as well.