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Showing posts with label EU Financial Stability Mechanism. Show all posts
Showing posts with label EU Financial Stability Mechanism. Show all posts

Tuesday, 17 May 2011

AFTER Labour had lost the General Election but before the coalition, Alistair Darling, the former Chancellor, signed us up to the EU Financial Stability Mechanism, a bail-out fund designed to prop up the euro.

Posted On 13:53 by Fraser Trevor-Pacheco 0 comments

AFTER Labour had lost the General Election but before the coalition, Alistair Darling, the former Chancellor, signed us up to the EU Financial Stability Mechanism, a bail-out fund designed to prop up the euro. That is why, despite being £1trillion in debt ourselves, we may be forced to hand money over to Greece so the Greeks can carry on spending. That is a national scandal and Darling should be ashamed.


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