Speaking in Istanbul, the UK chancellor highlighted the growing danger of continued deadlock over Greece’s bailout programme Britain’s chancellor of the exchequer has warned that the risks of a “very bad outcome” from the ongoing Greek debt crisis has risen.Speaking in Istanbul, George Osborne told Bloomberg TV that there is a growing danger that the deadlock over Greece’s bailout programme spirals out of control. Related: George Osborne warns Greek crisis risks 'very bad outcome' - live updates “It’s clear that the risks to the world economy, the risk to the British economy of this standoff between the eurozone and Greece, is growing each day.The risks of a miscalculation or a misstep leading to a very bad outcome are growing as well.” Continue reading...
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