Government opposes use of stability mechanism known as EFSM, to which UK Treasury contributes, as part of overall Athens rescue package George Osborne has made it clear he will seek to block any move by the European Union to draw on an emergency fund containing British money for the new bailout programme for Greece.Arriving in Brussels for a meeting of European finance ministers, Osborne said: “Britain is not in the euro, so the idea that British taxpayers will be on the line for this Greek deal is a complete non-starter. Related: Alexis Tsipras aims to steer eurozone bailout plan through Greek parliament Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |