http://www.thisismoney.co.uk/news/ar...5&in_page_id=2
George Osborne has failed to rule out Britain riding to the rescue of Greece - suggesting taxpayers may have to fund another multi-billion pound bailout for the bankrupt EU nation.
Crumbling: Greece may pull out of the euro.
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The Chancellor said yesterday that he will hold talks with fellow EU finance ministers in an effort to devise a way of propping up the ailing single currency. Fears that the bailout will be necessary were fuelled by claims that a meeting of international figures on Friday discussed the possibility of Greece pulling out of the euro because the country's debts are so out of control.
Asked whether the UK could get roped in, Mr Osborne twice refused to rule out a British contribution - although he made it clear he does not want to pay out yet more taxpayers' money.....................
George Osborne has failed to rule out Britain riding to the rescue of Greece - suggesting taxpayers may have to fund another multi-billion pound bailout for the bankrupt EU nation.
Crumbling: Greece may pull out of the euro.
WANT TO KNOW MORE?
FTSE LATEST
5941.59-35.18
The Chancellor said yesterday that he will hold talks with fellow EU finance ministers in an effort to devise a way of propping up the ailing single currency. Fears that the bailout will be necessary were fuelled by claims that a meeting of international figures on Friday discussed the possibility of Greece pulling out of the euro because the country's debts are so out of control.
Asked whether the UK could get roped in, Mr Osborne twice refused to rule out a British contribution - although he made it clear he does not want to pay out yet more taxpayers' money.....................
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