Sunday 10 January 2010

Britain faces bill of £7bn to bail out Greece if eurozone crisis continues

Daily Mail
"Britain could be forced to spend billions of pounds to help rescue Greece, the most crisis-hit member of the eurozone.If a rescue fund for the troubled Greek economy matched the country's towering budget deficit, the UK would be asked for £7billion, assuming contributions matched each country's share of the total European Union economy.That is the equivalent of 2p on the basic rate of income tax."

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