Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe.

I think we can get respect for Parliament back providing governments and oppositions are frank.

I'm very proud of what my parents achieved and what they stood for. They didn't have much, but in many ways they were richer than most.

The British don't runaway from terrorism. We have had 30-odd years of terrorism in our own country from the Irish Republican Army. We're used to it.

Tentacles of terrorism spread everywhere

I will turn directly to the Asylum Bill later.

You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.