Wednesday, July 6, 2011

Well, what a relief

In answer to Lord Stoddart's Written Question
To ask Her Majesty's Government whether they will take steps to ensure any decisions regarding further bail-outs for the Greek economy are not made using qualified majority voting.
HMG in the person of Lord Sassoon said:
The Government have been clear that the UK should not participate in a new financial assistance package for Greece. At the European Council on 24 June 2011, the Prime Minister secured explicit assurance that a new programme for Greece would be supported by its euro area partners and the IMF, not the European Union as a whole.
We shall see about the EU as a whole but the IMF does, let us not forget, include this country as well.

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