European Council

Part of the debate – in the House of Commons at 1:08 pm on 24th March 2005.

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Photo of Tony Blair Tony Blair Prime Minister 1:08 pm, 24th March 2005

Of course you have to have a set of rules, but you also have to have the right set of rules. We want to see changes in the growth and stability pact as it is now—as it is amended. We made a series of propositions for something much more akin to the British system, which works well for us. Obviously, that has to be agreed among all the European countries, but the greater flexibility in the growth and stability pact that was agreed makes sense.