http://www.telegraph.co.uk/news/politics/8588350/David-Cameron-We-wont-bail-out-Greece.html
David Cameron has promised to fight "very hard" in Brussels to ensure the British taxpayer does not shoulder any of the cost of a European bailout of Greece.
However Treasury Financial Secretary Mark Hoban told MPs that the burden of supporting Greece may have to be shared by the International Monetary Fund, of which the UK is a major shareholder with a total subscription of £19.7 billion.
The Government needed to recognise the "mood change" in Europe, with former europhiles "contemplating the end of the euro as we know it", he said.
"What the Government should do, instead of sheltering behind the complacent language, weasel words: it's not appropriate, we shouldn't speculate, (is) recognise that this eurozone cannot last and it's the responsibility of this British government to be open with the British people now about the alternative prospects.
"If this euro in its current form is going to collapse, is it not better that it happens quickly rather than a slow death?"
SS says
All I can say is THE MOOD HAS CHANGED.
David Cameron has promised to fight "very hard" in Brussels to ensure the British taxpayer does not shoulder any of the cost of a European bailout of Greece.
However Treasury Financial Secretary Mark Hoban told MPs that the burden of supporting Greece may have to be shared by the International Monetary Fund, of which the UK is a major shareholder with a total subscription of £19.7 billion.
The Government needed to recognise the "mood change" in Europe, with former europhiles "contemplating the end of the euro as we know it", he said.
"What the Government should do, instead of sheltering behind the complacent language, weasel words: it's not appropriate, we shouldn't speculate, (is) recognise that this eurozone cannot last and it's the responsibility of this British government to be open with the British people now about the alternative prospects.
"If this euro in its current form is going to collapse, is it not better that it happens quickly rather than a slow death?"
SS says
All I can say is THE MOOD HAS CHANGED.
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