So What's The Betting We End Up Paying It?

[youngmafbog]

How wonderful Europe is !

http://www.dailymail.co.uk/news/article-3159806/British-taxpayers-liable-1BILLION-emergency-loans-Greece.html

[bazwillrun]

We do whatever the eussr tells us to do..i seem to remember the last time they"demanded" money from us...

[Gromit]

We probably will.

Osborne has previous form on saying he will stand up to the EU, and then giving them everything they want when he a tually gets to the summit. Remember the £1.7billion last year?

http://www.theguardian.com/politics/2014/nov/07/osbrone-claims-eu-1-point-7bn-uk-chancellor

[youngmafbog]

Bring on the referendum ....

[New Judge]

Bear this in mind:

Mr Cameron said he had a “black and white agreement” that the UK, not being a member of Eurozone and not likely to become one in the foreseeable future, would not be called upon to bail out any Eurozone country. He had secured a written, binding agreement with his counterparts at a Brussels summit in 2010. The agreement stated that the “European Financial Stability Mechanism” (from which it is rumoured the latest “loan” will be drawn) would not be used again for the euro area.

Mr Osborne has had a telephone call with his counterparts during which he made it “loud and clear” that the idea that UK taxpayers’ money is going to be used in this latest Greek bail out is a non-starter.

Jean-Claude Juncker has apparently torn up the alleged agreement.

Readers should keep a careful eye out for the small print on p94 of the November edition of the Ostrich and Peacock Breeders’ quarterly newsletter to see which of the three statements above turns out to be the truth.

[naomi24]

//Overseas foreign aid is what Cameron calls it //

No he doesn't.

Of course we'll end up contributing to it. We pump money into Europe so whichever way we look at it somewhere along the line a proportion of that money will contribute to the bail out.

[janbee]

Gideon says we won't pay which translates as "ooh, yes we will . Would you like more ?"

[naomi24]

Bouncer, David Cameron does not deem our contributions to Europe to be ‘overseas foreign aid’ - although some might. You’re being silly.

[naomi24]

Bouncer, //Cameron can call it whatever he wants to//

... and he doesn't call it 'overseas foreign aid' as you claimed. Don't put words into people's mouths. It's dishonest.

[Noe-schitt]

I'd rather they pay it direct to Grece and cut out the middle man

[Gromit]

Foreign aid is not given with a schedule of repayments attached to it. The bailout to Greece is coming from EU funds, not at the whim of the Foreign Office.

[Retrochic]

Dear (insert mortgage company) unfortunately I can no longer make payments on my mortgage as I feel your terms and conditions, which I read before I signed, are unreasonable. I've asked the whole family, and they agree they don't want to pay you back so I'm sorry, but unless you can get (insert bank) to make my payments I'm afraid you are stuffed.

[New Judge]

"The bailout to Greece is coming from EU funds,..."

And where does the EU get 14% of its funds from? I'll let you guess but it might help if I say that I don't much care where the other 86% comes from.

[tonyav]

"But let me be very clear. Britain is not in the euro, so the idea that British taxpayers are going to be on the line for this Greek deal is a complete non-starter. The euro zone needs to foot its own bill."


http://www.msn.com/en-gb/news/other/osborne-confirms-that-no-uk-taxpayer-funds-to-be-used-to-prop-up-greek-bailout/ar-AAcVRlY

[jourdain2]

Erm..... small print on the front of today's Telegraph says that we are going to pay our whack after all. But it's all OK everyone (before you start muttering) because J-C Junker has agreed to underwrite our part of the loan. Phew! We can relax now, we just advance the money and are guaranteed that it will be paid back - there's a bit of paper to that effect. Nice for everyone. :0)