According to Dunphy on Newstalk breaking news Britain refuses to back bailout a figure of $60bn was mentioned
Closest I could find to a link, implications for markets, exchange rates??
Hardly surprising. They’ve other concerns at the minute.
As they are not in the Euro, do they have to ?
Good thing Ireland will have robust representation at these “emergency talks”
You mean Man Utd/Chelsea??? everything else is more of the same
Britain doesn’t have a government at the moment. Who is making such decisions?
This is seperate to the Greek bailout, its for any potential next crisis.
And the UK government remains the same until the Queen’s speech vote.
Sure, but Britian’s budget deficit is proportionally greater than Greece’s , and their not in the eurozone, so I’m thinking this is low priority.
I thought this thing was majority rules so they’ve no choice?
From the Guardian
Right Alistair Darling, as the joint fourth largest contributor to the IMF, (behind the US (17.9%), Japan (6.12%) then Germany (5.98), and tied with France (4.94%) based on Quota) does that mean the UK will try to stop its contributions being used in support of the Euro? … Thought not.
What rubbish, it’s just intended for domestic consumption.
The Eurozone support/aid/bailout package is still intact.
IMF Quota info imf.org/external/np/exr/facts/finfac.htm
Europe tells Britain not to ask for help in a crisis
France is still upset at Cameron and Osborne’s cracks about hidden dwarfs and Sarkozy boxes.
well i think both sides have a point
how the fuck can a bankrupt country be expected help bailout another bankrupt country?
Why the fuck should anybody help the brits when they go under? They mstill cling to their notions of empire, they are trying to rob Argentine oil FFS.