Athens Summit

Part of the debate – in the House of Commons at 3:30 pm on 7th December 1983.

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Photo of Mrs Margaret Thatcher Mrs Margaret Thatcher The Prime Minister, Leader of the Conservative Party 3:30 pm, 7th December 1983

Some Heads of Government and some Heads of State may take the view that it would be more difficult, with the European elections coming up, to take the necessary steps required to carry out the Stuttgart decision. That may be right, in which case it would be delayed even longer.

As for a financial crisis, that will depend, of course, on the amount produced and on world prices. We could come into crisis earlier or later, and if we have any real difficulties on the budget, that would be the strongest factor that one could adduce to get agreement on reducing surplus production.