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G20 Summit

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 4:03 pm on 25th June 2012.

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Photo of David Cameron David Cameron The Prime Minister, Leader of the Conservative Party 4:03 pm, 25th June 2012

The hon. Gentleman asks an important question. It will be a decision for the Greeks to make in collaboration with the members of the European Union that have extended that money to Greece, of which we are not one, and of course the International Monetary Fund. The problem is that any delay in the terms of the memorandum effectively means more money going from those predominantly eurozone members to Greece, so those discussions have to be had; but other countries that are on track with the programmes that have been put in place will, I think, feel very uneasy about one country getting special terms. In the end, it will be a matter for the eurozone members and Greece to hammer this out between them.