Bank Of Baku

UK govt says ’no more financial aid for Greece’

UK govt says ’no more financial aid for Greece’
# 21 June 2011 13:21 (UTC +04:00)
Baku - APA-Economics. Britain is not planning any financial help for Greece beyond its contributions through the IMF, a Treasury minister said on Sunday, as eurozone nations discuss the stricken southern European economy.

Prime Minister David Cameron’s official spokesman told reporters: "There is no proposal on the table which would involve us. The arrangements in place for Greece are arrangements that involved eurozone countries, and we weren’t involved in those arrangements."

Asked if any specific request for help has been directed to the UK, the spokesman replied: "No there hasn’t."

Mr Cameron will discuss the Athens situation with European Commission president Jose Manuel Barroso at a meeting at 10 Downing Street but is not expected to make any offer of help.

The issue is also expected to be raised at Thursday’s European Council summit in Brussels, when all 27 EU members will look at the bloc budget for the coming years.

Financial Secretary to the Treasury Mark Hoban will answer an urgent question on the latest developments in Greece, tabled by Labour MP Gisela Stuart, in the House of Commons.
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