§ Mr. Austin MitchellTo ask the Prime Minister what assessment has been made of the disadvantages for the United Kingdom, France, West Germany, Benelux and Spain agreeing to monetary union and fiscal harmonisation.
§ The Prime MinisterI refer the hon. Member to the speech 1 made to the College of Europe at Bruges, Belgium on 20 September last year and to the speech my right hon. Friend the Chancellor of the Exchequer made to the Royal Institute of International Affairs on 25 January.