G20

I congratulate my right hon. Friend on some plain speaking on the European economic outlook, but does he accept that the poor performance of the eurozone is not the problem, but merely the symptom, and that the problem is the euro itself—still intellectually flawed and politically dangerous? Does he accept that until eurozone leaders are willing to de-risk the entire project, not only will it pose a threat to global economic stability, but millions of young Europeans will find their economic prospects sacrificed on the altar of a political project?