UK chancellor says Britain paying towards bailout help is ‘non-starter’ but European commission considers idea of loan that would include £850m from UKEurope is split over whether Greece could be offered an emergency loan from a central EU fund in a move that could require around £850m of financial support from the UK.George Osborne, the chancellor, is furiously opposing the idea, saying it is a “non-starter”, but the European commission confirmed it is under consideration in spite British objections and German scepticism about the plan. Continue reading...
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