The IMF is there to help countries through situations like this. We are a shareholder and a contributor to the IMF and that is quite right. It is a different matter our putting liquidity money into a eurozone strategy that patently is not working because it is flawed. My argument to the Chancellor is that it is ironic to see a British Conservative Chancellor backing the German Finance Ministry's view over sanity and common sense. We have not seen that in our country for a very long time.
The Economy
Proceeding contribution from
Ed Balls
(Labour)
in the House of Commons on Wednesday, 22 June 2011.
It occurred during Opposition day on The Economy.
Type
Proceeding contribution
Reference
530 c343 
Session
2010-12
Chamber / Committee
House of Commons chamber
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Timestamp
2023-12-15 16:58:55 +0000
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