The Prime Minister made a statement, yesterday, at the House of Commons, on the most recent European Council. Bill Cash made the following intervention:

The Prime Minister (Mr David Cameron): With permission, Mr Speaker, I would like to make a statement on the most recent European Council, which covered Ukraine, the eurozone, terrorism and extremism.
(…)
Turning to the eurozone, immediately before the European Council started, I met the new Greek Prime Minister, Alexis Tsipras. With him, and then again at the Council, I urged all those involved to end the stand off between Greece and the eurozone over its support programme. We welcome the provisional agreement subsequently reached last Friday evening. Britain is not in the eurozone, and we are not going to join the eurozone, but we do need it to work effectively. The problems facing Greece and the eurozone continue to pose a risk to the world economy and to our own recovery at home. That is why we have stepped up our eurozone contingency planning.

Before the Council, I held a meeting in Downing street with all the key senior officials to go through those plans and to ensure that vital work continues apace—this crisis is not over. Protecting our economy from these wider risks in the eurozone also means sticking to this Government’s long-term economic plan. It is more important than ever that we send a clear message to the world that Britain is not going to waver on dealing with its debts and that we retain the confidence of business—the creators of jobs and growth in our economy. We must continue to scrap red tape, cut taxes, build world-class skills and support exports to emerging markets. We must continue investing in infrastructure. Today’s figures show that in 2014 the UK received a record level of lending from the European Investment Bank to support the infrastructure projects in our national infrastructure plan. I hope that the shadow Chancellor will cheer when we win European money for British infrastructure—for the roads, the bridges and the railways we need.

Today we have the lowest inflation rate in our modern history and the highest number of people in work ever. We have the biggest January surplus in our public finances for seven years, putting us on track to meet our borrowing target for the year. To put it simply, we have a great opportunity to secure the prosperity of our nation for generations to come. We must not put that in jeopardy; we must seize that chance by sticking to this Government’s long-term economic plan. I commend the statement to the House.

Sir William Cash (Stone) (Con): Does my right hon. Friend share my concern about the increasing assertiveness of Germany in the EU, as shown in the language used by Wolfgang Schaeuble regarding the Greeks, for example? Does he accept the assertion made by Mr Prodi on the “Today” programme last week that the Germans are the leaders in Europe? Does he accept that we must step up to the mark and show that we will stand up for the interests of not only the United Kingdom, but Europe as a whole, as we have in the past?

The Prime Minister: When it comes to issues about trade deals, single market issues and many foreign policy issues, Britain plays a key and leading role, as we have done over sanctions on Ukraine. On the question of how the Germans behave towards Greece, that is a matter for them. I know that if I were the German Chancellor and I had lent another country a lot of money, I would want to get it back. I think my hon. Friend and I agree that this is one of the fundamental challenges at the heart of the eurozone and is a permanent reminder of why we are better off outside it.