Downing Street Says » Eurozone/G20

» Monday, June 18, 2012

Eurozone/G20

Asked whether the PM would give a more considered reaction to the Greek election, the PMS said the election was the start of a process and it could be some days before a government was formed. So from the Government’s point of view, it would continue to monitor the situation. She said the PM would be doing a clip when he landed, at approximately 5.20pm that afternoon.

Asked whether the PM was concerned by the rising bond yields in Spain, the PMS pointed to what he would be saying in his speech later on that day – that there were still a number of things the Eurozone countries needed to do and it was up to the Eurozone countries whether or not they were prepared to make the sacrifices these entailed. She said he would be sending a strong message in his speech later on.

Asked whether the PM thought it credible that Spain and Italy might have to leave the Euro, she reiterated that there were still things the Eurozone countries needed to do, and the PM would be setting out what he thought these things were as part of the G20 talks.

Asked if there was going to be a new line, she advised waiting to see what the PM had to say when he landed.

Asked for more detail about who was on the trade delegation to the G20, she said she would send the list, but to give a flavour she listed: Biogas Technology Ltd; Bupa Gas; CBI; Diageo; Intercontinental Hotels Group; Oxford Business Group; Pentlands Brands; Rolls Royce; the University of Glamorgan; and Virgin Atlantic.

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Eurozone/G20

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