Britain skips contribution to the IMF for a Euro zone bailout fund

Wednesday, December 21st 2011 - 00:52 UTC

Full article 5 comments

Britain’s refusal to contribute to the IMF for a Euro zone bailout fund has left the EU short of its 200 billion Euro target. The UK boycott leaves the Euro zone more reliant than ever on major economies such China and on Russia, which are willing to lend more to the IMF. Read full article

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Redhoyt
Putting the money in only to immediately take it out again smacks of clever accounting. Too clever. The UK wants no part, nor the US.

The Euro is looking like a dead duck :-/
Dec 21st, 2011 - 02:05 am - Link - Report abuse 0
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briton
agreed
Dec 21st, 2011 - 02:25 am - Link - Report abuse 0
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Conqueror
The euro and the EU need to be executed. Just think, the EU would have us importing Mercosur crap!
Dec 21st, 2011 - 01:24 pm - Link - Report abuse 0
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xbarilox
what else can they do? they need all the money in the world to bail out themselves :)
Dec 22nd, 2011 - 01:36 am - Link - Report abuse 0
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Fido Dido
“The Euro is looking like a dead duck :-/ ”

The Euro isn't only looking like a dead duck, it is a very sick duck that will die (When the Germans say and press on the red button to kill it, what will happen). Oh wait there is more, and it's not only the Euro, it's also the British pound (being killed by suicidle british bankers) and the US dollar.

note: US dollar is only on paper the world's reserve currency, but not for long. In reality, other nations already abbonden the US dollar by trading and saving in their own currencies and gold.
Dec 22nd, 2011 - 06:00 pm - Link - Report abuse 0
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