The British government said it would not spend a dime of taxpayer money to help the Greek economy was helter-skelter. This will be delivered the Prime Minister of Britain, David Cameron, in the presence of EU leaders this weekend.
It is delivered Cameron, quoted from the pages of The Telegraph, Tuesday, June 21, 2011. He said that Britain would not participate with other European countries in providing bailouts (bailout) to Greece.
The plan, eurozone countries would provide a bailout to Greece by 12 billion euros or about Rp148 billion to tackle inflation in Greece. Britain is not part of the 17 eurozone countries has no say in Greek bailout.
However, the British Finance Minister Mark Hoban told Cameron that Britain will inevitably participate in providing some funds for Greece. This is because English is one of the largest shareholder in the IMF, which incidentally is one of the pioneers of aid for Greece.
"I do not think we need to intervene. It will not and I will fight for the British position in the European Council this week," said Cameron.
Basically, European finance ministers refused to provide a bailout if Greece can not afford to implement austerity measures amounting to 28 billion euros (Rp345 trillion).
The Greek government is currently fighting for the ratification of austerity measures by the parliament. If enacted, it means that taxes will be raised and the budget cuts imposed. (Vivanews.com)
It is delivered Cameron, quoted from the pages of The Telegraph, Tuesday, June 21, 2011. He said that Britain would not participate with other European countries in providing bailouts (bailout) to Greece.
The plan, eurozone countries would provide a bailout to Greece by 12 billion euros or about Rp148 billion to tackle inflation in Greece. Britain is not part of the 17 eurozone countries has no say in Greek bailout.
However, the British Finance Minister Mark Hoban told Cameron that Britain will inevitably participate in providing some funds for Greece. This is because English is one of the largest shareholder in the IMF, which incidentally is one of the pioneers of aid for Greece.
"I do not think we need to intervene. It will not and I will fight for the British position in the European Council this week," said Cameron.
Basically, European finance ministers refused to provide a bailout if Greece can not afford to implement austerity measures amounting to 28 billion euros (Rp345 trillion).
The Greek government is currently fighting for the ratification of austerity measures by the parliament. If enacted, it means that taxes will be raised and the budget cuts imposed. (Vivanews.com)
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