Chancellor of the Exchequer, George Osborne, made a statement to the House of Commons on Monday 10 October on the situation in the eurozone.
Watch and read the statement and the views expressed by MPs on Parliament TV and in Commons Hansard. Shadow Chancellor of the Exchequer, Ed Balls, responded to the statement on behalf of the Opposition.
Oral statements are made after Question Time (or at 11am on a Friday). Statements normally relate to matters of policy or government actions. At the end of a statement, MPs can respond or question the government minister on its contents.