George Osborne told MPs…
“Britain will not be putting money into the bail-out fund either directly or through the IMF…. The IMF exists to support countries, it does not exist to support currencies… The IMF contributing money to the eurozone bail-out fund, no; Britain contributing money to the eurozone bail-out fund, no. That is Britain’s clear position.”
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Andrew Pierce on Ed Balls…
“Porky Shadow Chancellor Ed Balls sweet-talked guests at a fund-raising dinner by saying if he wasn’t a politician, he would be a chef. That’s not surprising, since he was accused of cooking the Treasury books when he was Gordon Brown’s boot boy.”
is there anyone in the world that Tony hasnt screwed in some way?
Doubt it.
So George says it won’t happen?
Looks like it will then!
I do so hope for his and the Conservatives sake that he’s right.
PS – I would have changed every no for ‘non’ for Sarkozy’s sake
The sunrises in the East politicians lie. When the people get their referendum vote the EU can get all their dictats back foc
Hi Guys
The place to check whether the Chancellor is true to his word is the European Financial Stability Mechanism or EFSM. The reason for this is two fold. Firstly we are around 13.5% of it and secondly in a not well known fact it has been “overdeployed” to help Portugal and Ireland.
So 48 billion Euros (last time I checked) has been promised in loans to Ireland and Portugal out of a maximum 60 billion.
The reason why it has been “overdeployed”? Easy. The “shock and awe” rescue vehicle called the EFSF has not been ready for action and so the EFSM has been used as it can be. you may have spotted that it has meant that the UK has paid more than it should have done.
Oh no. Britain’s clear position is more bent at the middle with no trousers on.
Which is unfortunately bunkum; all it will mean is more money extorted for EU activities whilst they shore up
French banks.
Did we help bail out Eire? Are any British banks in line to take a Greek haircut? How can you stop our contribution to the IMF not going to the Euro bailout?
Do I know what I’m talking about, no.
Shaun is spot on.
http://www.dailymail.co.uk/news/article-2003709/UK-increases-IMF-contribution-9bn-Euro-bailout-soars-22bn.html
The IMF is slated to contribute 30% to bailing out the eurotrash.
I can’t help but feel that we are propping up something of Zimbabwean ghastliness, via the back door.
Hang on !!!! Britain contribute to the bail out fund—answer no! Britain contributes to the IMF!!! which is the main source of the bail out fund to all eu countries , do they seriously think we are all nerds.