Financial Secretary, Mark Hoban, responded to an urgent question asked by Gisela Stuart, Labour MP for Edgbaston, on the Government's contingency plans in case of a Greek default.
Watch and read the urgent question and the views expressed by MPs on Parliament TV and in Commons Hansard.
Urgent questions
Urgent questions are asked at the end of Question Time. If something has happened, normally a matter of public importance, which an MP believes requires an immediate answer from a government minister, they may apply to the Speaker to ask an urgent question.
If the Speaker agrees, the question will be asked at the end of Question Time.
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