Quote:
Originally Posted by Broadbandings
Actually no, thanks to article 122 in the Lisbon Treaty which Broon forgot to ask us if we wanted we can be required to contribute to any EU bailout fund for them. Will cost the UK upwards of 7bn pounds for Greece alone if it comes to it.
Just to also add, there would be no large scale democratic decision within the European Parliament as to whether or not to bail Greece out, MEPs would be informed of the decision by the President of the Council of 47, they would make the decision, one country, one vote, then countries with larger GDPs get the bill. There's democracy for you.
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Oh yes well we all know we'll wind up paying one way or another but my point was about not being in the Euro Zone and being hamstrung by it.