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**Chris** · 26-08-2013, 20:24

Yes, and there is some suggestion that the European Commission has been interfering, looking at ways of using the EU's structural fund to pay some or all of that €10 billion. The structural fund comes from the main EU budget, which the UK is a net contributor to. That means, if they do this, the UK will have directly funded a bailout of a Eurozone economy.

That is unacceptable, in my view. We gave bilateral assistance to Ireland because it was clearly in our interest to do so. It is not in our interest to prop up Greece.

26-08-2013, 20:24	#1463
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,262	Re: Eurozone will collapse... Yes, and there is some suggestion that the European Commission has been interfering, looking at ways of using the EU's structural fund to pay some or all of that €10 billion. The structural fund comes from the main EU budget, which the UK is a net contributor to. That means, if they do this, the UK will have directly funded a bailout of a Eurozone economy. That is unacceptable, in my view. We gave bilateral assistance to Ireland because it was clearly in our interest to do so. It is not in our interest to prop up Greece.