EU: Reform — Question

Part of the debate – in the House of Lords at 11:21 am on 16th May 2013.

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Photo of Lord Pearson of Rannoch Lord Pearson of Rannoch UKIP 11:21 am, 16th May 2013

My Lords, as a first step towards closing down the whole ill fated project of European integration, why do Her Majesty’s Government not propose the abolition of the euro, with all its participants returning to their national currencies? Would that not start to ameliorate the suffering of the Greek, Portuguese, Spanish, Italian, Cypriot and—soon—French people? Would it not also give us financial and monetary clarity for the longer-term future?