Osborne admits extra billions could be handed over for foreign bail-outs – Telegraph

Map showing regional variation in European GDP...

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This is an interesting article in today’s Telegraph. Check it out!

Osborne admits extra billions could be handed over for foreign bail-outs – Telegraph.

It raises a series of open questions:

  1. Why should the UK give extra money to Europe when France and other countries are publicly hostile to the UK’s best interests (nobody dare be hostile to Germany‘s best interests)?
  2. Should the UK given the extra billions with political strings attached?
  3. Should the UK channel the extra money via the IMF as part of say a G20 type initiative to avoid the funds being lost in the EU bureaucracy?
  4. Why should the UK not be more selfish and use the extra billions for UK investment instead?

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