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Will British taxpayers have to pay 3.5bn to bail out Greece's economy

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wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
11/02/2010 13:47

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Message 1 of 8 in Discussion

Darling say no we won't reported by BBC today

But Lamonts comments are interesting However former Conservative chancellor Lord Lamont today warned that a European bail-out could be technically illegal.

He told BBC Radio 4's Today programme: 'I think (Greece) will be in desperate trouble if they don't have a bail-out. I can see their vanity and their credibility will be affected if it's an IMF bail-out.

'So I think ultimately it will be a European bail-out. But the problem is that that is really illegal under the Maastricht Treaty. And they will have to find a way round that.'



http://www.dailymail.co.uk/news/article-1250094/Greece-debt-crisis-Britons-pay-3-5bn-bailout.html





http://www.dailymail.co.uk/news/article-1250094/Greece-debt-crisis-Britons-pay-3-5bn-bailout.html



newscoop


Joined: 23/12/2007
Posts: 2197

Message Posted:
11/02/2010 14:26

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Message 2 of 8 in Discussion

Some warn that the cost of any bail out will be spread among all 27 parts of the eussr by equalling the %age of each countries contribution to the eussr budget.



Britain pays in roughly 21% so their contribution will be that %age of the total.



And Britain isn't even in the eurozone!



Bloody politicians.



That said; Britain is broke so we'll have to borrow the money from someone to pay off someone elses debt.



Who'll help the UK when it's our turn?



eussr?



I think not. Remember 1992.



Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
11/02/2010 14:29

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Message 3 of 8 in Discussion

Nothing could be implemented anyway as the 'Greek Public Sector Workers' have gone on strike!



Richard



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
11/02/2010 14:35

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Message 4 of 8 in Discussion

Greece have a budget defecit of 12.7% ...............Britains defecit is 13% Could be big trouble ahead.



Aslan


Joined: 23/06/2008
Posts: 757

Message Posted:
11/02/2010 17:03

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Message 5 of 8 in Discussion

The UK government will not be lending a penny to bail out Greece, this is a Eurozone problem and will be dealt with by Eurozone member states.



jimmy


Joined: 15/09/2008
Posts: 251

Message Posted:
11/02/2010 17:10

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Message 6 of 8 in Discussion

How would we know if they did..............................I don't think the UK would dare admit to helping them the way thinks are at the moment.



No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
11/02/2010 17:14

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Message 7 of 8 in Discussion

".. Greece have a budget defecit of 12.7% ...............Britains defecit is 13% Could be big trouble ahead.."



eager...who is going to help us?



DutchCrusader



Joined: 19/05/2008
Posts: 11281

Message Posted:
11/02/2010 17:36

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Message 8 of 8 in Discussion

After Dover to the French, how much do you Brits want for London (including the suburbs of course)?



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