§ Mr. Stephen O'BrienTo ask the Chancellor of the Exchequer (1) what discussions he has had with his European counterparts regarding the future of the Stability and Growth Pact; [79136]
(2) what discussions he has had with his colleagues in the European Council of Finance Ministers regarding a review of the terms of the Stability and Growth Pact. [79103]
§ Ruth KellyThe Government support a prudent interpretation of the Stability and Growth Pact, which takes into account the economic cycle, sustainability and the important role of public investment. We continue to discuss this with our EU colleagues.