Britain is making a HIGHER contribution to the bail-out than the euro-zone members

Telegraph
"Don’t get me wrong: we absolutely should help the Irish. They are our neighbours, our customers, our suppliers, our friends and, in many cases, our relatives. But we don’t help them by keeping them in the euro: it’s the euro which got them into this mess. The way for Ireland to return to prosperity is to decouple, devalue and price its way back into the market. If we really want to help, we should offer a temporary currency link, enabling Ireland to withdraw from EMU without seeing its euro-denominated debts balloon.

But, of course, this isn’t really about bailing out Ireland; it’s about bailing out the euro. Irish leaders never asked for the rescue package: they were more or less forced into it by the euro-zone leaders, who saw the take-over of the Republic as the best way to secure the single currency. "