Orders of the Day — European Bank for Reconstruction and Development

Part of the debate – in the House of Commons at 10:02 pm on 24 July 1990.

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Photo of Mr Nicholas Budgen Mr Nicholas Budgen , Wolverhampton South West 10:02, 24 July 1990

Why does my right hon. Friend use the word "vital"? Is that a mere pun to try to excite us about the size or does it really mean that this will be a substantial and subsidised institution which will be spreading a lot of the taxpayers' money around eastern Europe?