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418649
registered interest false more like this
date less than 2015-09-14more like thismore than 2015-09-14
answering body
HM Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Economic Situation: Greece more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential fiscal effect on the UK of the government of Greece defaulting on its national debt. more like this
tabling member constituency Romford more like this
tabling member printed
Andrew Rosindell more like this
uin 10194 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2015-09-18more like thismore than 2015-09-18
answer text <p>The UK government has no exposure to Greece through its euro area loans. The Government has secured a deal that protects UK taxpayers from any risk from financing euro area bailouts now and in the future. This deal gives legal force to the commitment secured in 2010 that UK taxpayers would not be drawn into a euro area bailout.</p><p> </p><p> </p><p> </p><p>As a shareholder in the International Monetary Fund (IMF), the UK has an indirect exposure to Greece through the IMF’s overall lending. Our ultimate exposure to any IMF lending programme would be in line with our quota shareholding (around 4.5 per cent).</p><p> </p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2015-09-18T08:57:31.5Zmore like thismore than 2015-09-18T08:57:31.5Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
1447
label Biography information for Andrew Rosindell remove filter