Mr. L. MALONE:40.
asked the Prime Minister whether the original group of London financiers who were invited by the Greek Government to negotiate the raising of a loan of £15,000,000, to which His Majesty's Government accorded their consent under the Agreement of 1918, have withdrawn from the business, having referred the proposed loan to the Trade Facilities Act Committee, which refused the loan on 5th January last; and whether, in view of his statement that the application of the Greek Government is before the Advisory Committee, under the Trade Facilities Act, he will explain whether the Committee are reconsidering their decision, or whether this is a fresh application, or what is the exact position?
I am informed that the application of the Greek Government to the Advisory Committee, under the Trade Facilities Act, which was referred to in the reply given to the hon. Member by my right hon. Friend the Prime Minister on the 20th instant, has now been withdrawn and that no application by the Greek Government is now before the Committee.