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Eurozone And UK Interest Rates

EDM number 97 in 2002-03, proposed by Kelvin Hopkins on 14/11/2002.

That this House notes the recent report from Societe Generale which examined interest rates for Eurozone countries using a similar methodology in their research to that used to help determine the United Kingdom interest rate; notes further the report's conclusion that the interest rate for Germany should be 1.8 per cent. and that for Ireland 6.25 per cent. when the current interest rate for the whole Eurozone is 3.25 per cent.; considers that this is strong evidence that 'a one size fits all' interest rate can cause inflation in some Eurozone countries while increasing unemployment in others; and believes that Britain

This motion has been signed by a total of 32 MPs.

MPDateConstituencyPartyType
Kelvin Hopkins14/11/2002Luton NorthLabourProposed
Dennis Skinner14/11/2002BolsoverLabourSigned
Mike Wood14/11/2002Batley & SpenLabourSigned
Alan Williams14/11/2002Swansea WestLabourSigned
Harold Best14/11/2002Leeds North WestLabourSigned
Ian Gibson14/11/2002Norwich NorthLabourSigned
Gwyneth Dunwoody14/11/2002Crewe & NantwichLabourSigned
David Drew14/11/2002StroudLabour Co-operativeSigned
Denzil Davies14/11/2002LlanelliLabourSigned
Ian Davidson14/11/2002Glasgow, PollokLabour Co-operativeSigned
Jon Cruddas14/11/2002DagenhamLabourSigned
Colin Challen14/11/2002Morley & RothwellLabourSigned
Ronnie Campbell14/11/2002Blyth ValleyLabourSigned
Austin Mitchell14/11/2002Great GrimsbyLabourSigned
John McDonnell14/11/2002Hayes & HarlingtonLabourSigned
Alice Mahon14/11/2002HalifaxLabourSigned
Kate Hoey14/11/2002VauxhallLabourSigned
John Cryer14/11/2002HornchurchLabourSigned
Alan Simpson19/11/2002Nottingham SouthLabourSigned
John McWilliam19/11/2002BlaydonLabourSigned
Hilton Dawson19/11/2002Lancaster & WyreLabourSigned
Alan Howarth20/11/2002Newport EastLabourSigned
Jimmy Wray20/11/2002Glasgow, BailliestonLabourSigned
David Taylor20/11/2002North West LeicestershireLabour Co-operativeSigned
Jeremy Corbyn20/11/2002Islington NorthLabourSigned
Gregory Campbell20/11/2002East LondonderryDUPSigned
Michael Clapham21/11/2002Barnsley West & PenistoneLabourSigned
George Stevenson21/11/2002Stoke-on-Trent SouthLabourSigned
Andrew Rosindell25/11/2002RomfordConservativeSigned
Terry Davis25/11/2002Birmingham, Hodge HillLabourSigned
Frank Field25/11/2002BirkenheadLabourSigned
Ann Cryer26/11/2002KeighleyLabourSigned

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