UK Refuses To Give To IMF's EU Bailout Fund
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UK Refuses To Give To IMF's EU Bailout Fund
http://news.sky.com/home/politics/article/16133522
So there are 27 countries in the EU! And the bailout fund is 200 billion! so why should Britain Stump up 1/4 of the total bail out fund?
Surely this bail out fund should be a sort of insurance policy that all of the 27 EU countries pay an equal amount into.
The conference call with 26 other EU finance ministers lasted three hours but ended without Britain's agreement to put in up to 50bn euros
Surely this bail out fund should be a sort of insurance policy that all of the 27 EU countries pay an equal amount into.
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Mr Osborne told his EU colleagues he will not provide any cash to boost the 200bn euro fund, which is specifically aimed at the troubled eurozone.
The conference call with 26 other EU finance ministers lasted three hours but ended without Britain's agreement to put in up to 50bn euros.
The conference call with 26 other EU finance ministers lasted three hours but ended without Britain's agreement to put in up to 50bn euros.
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if thats true, how can you begin to comprehend the idiocy of those running things.
as ive said before, we get the cry of weve got no money for pensions, jobs, incestments in communities ect ect. and people on here have consistantly told me no money means theres no money
but suddenly the get 50bn euros from somewhere? be it a loan or whatever to give to other countries
if im well off, please educate me, but from what i can see, the leaders should fck right off!!!
as ive said before, we get the cry of weve got no money for pensions, jobs, incestments in communities ect ect. and people on here have consistantly told me no money means theres no money
but suddenly the get 50bn euros from somewhere? be it a loan or whatever to give to other countries
if im well off, please educate me, but from what i can see, the leaders should fck right off!!!
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Fine, if they want to increase it then everyone should have to pay more in equal amounts. The EU is for all intense and purposes a club and membership of that club should be the same for all members bearing in mind there is no Bronze, Silver, Gold membership levels.
Everyone should pay the same amount in and get the same benefits of being members.
Everyone should pay the same amount in and get the same benefits of being members.
Last edited by Wurzel; 22 December 2011 at 02:16 PM.
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the whole of the rest of europe must see us as an easy target,
we were a relativley prosperous country in comparison to a lot of european countries, and it seems to me as if these other countries feel they should be getting a share of our prosperity. although changed quite a bit since recession.
so whats the definitive answer if there is one, are we actually going to give this, or has it not been decided?
we were a relativley prosperous country in comparison to a lot of european countries, and it seems to me as if these other countries feel they should be getting a share of our prosperity. although changed quite a bit since recession.
so whats the definitive answer if there is one, are we actually going to give this, or has it not been decided?
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I don't think we being asked to 'give' anything are we?
This is a request for a loan, and IMF pledges have always been repaid in full, with interest
This is a request for a loan, and IMF pledges have always been repaid in full, with interest
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well that makes it a different story
i wish the press would stop hyping everything and just report the truth for once.
either way i still dont know whats exactly happening, so commenting on a maybe, is pointless
i wish the press would stop hyping everything and just report the truth for once.
either way i still dont know whats exactly happening, so commenting on a maybe, is pointless
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I can't understand why the EU (Germany) wanted all of the other countries to to join the EU when all they can contribute is a few peanuts. I agree with the OP, the bill should be split evenly. If the other countries can't cough up then it's a clear sign they ain't needed. Just my opinion.
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Fine, if they want to increase it then everyone should have to pay more in equal amounts. The EU is for all intense and purposes a club and membership of that club should be the same for all members bearing in mind there is no Bronze, Silver, Gold membership levels.
Everyone should pay the same amount in and get the same benefits of being members.
Everyone should pay the same amount in and get the same benefits of being members.
An odd aspect of this is that Italy and Spain will be contributing, two countries who may well be helped out, and can ill afford to lend to others.
But the Euro is doomed anyway as no one has a trillion or so to sort it out.
dl
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It is unreasonable to expect a tiny country in population and economic terms to contribute the same amount as say Germany. Perhaps base contributions on GDP.
An odd aspect of this is that Italy and Spain will be contributing, two countries who may well be helped out, and can ill afford to lend to others.
But the Euro is doomed anyway as no one has a trillion or so to sort it out.
dl
An odd aspect of this is that Italy and Spain will be contributing, two countries who may well be helped out, and can ill afford to lend to others.
But the Euro is doomed anyway as no one has a trillion or so to sort it out.
dl
Which seems to be the case to me, unless I'm mistaken?
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I don't disagree. And why shoud we cough up for Greece when they fiddled the books?
But if you join the club then you have to stick to the rules. UK have said no to the new rules so won't be paying. Fair enough.
De la Rue (Zimbabwe Ltd) are raring to go
dl
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It is unreasonable to expect a tiny country in population and economic terms to contribute the same amount as say Germany. Perhaps base contributions on GDP.
An odd aspect of this is that Italy and Spain will be contributing, two countries who may well be helped out, and can ill afford to lend to others.
But the Euro is doomed anyway as no one has a trillion or so to sort it out.
dl
An odd aspect of this is that Italy and Spain will be contributing, two countries who may well be helped out, and can ill afford to lend to others.
But the Euro is doomed anyway as no one has a trillion or so to sort it out.
dl
I do not expect to join a fitness studio and pay nore than the next person because I work for HP and they work for the local supermarket. We are both members of the same club. We should both pay teh same membership fee. It is not my fault they do not get paid as much as me.
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The amount paid in depends on a few things, the population of the paying country, it's GDP etc, all AGREED when that country joins.
The mistake we made was letting the USA steer us into accepting all of the old Soviet Bloc countries as full members.
They should have been kept at arm's length, members but only SUB-members. How can they have the same rights etc as those who have been there years?
And guess where a LOT of funds have gone since THEY joined?
Back to the thread: I STILL say that we will end up paying........watch this space.
The mistake we made was letting the USA steer us into accepting all of the old Soviet Bloc countries as full members.
They should have been kept at arm's length, members but only SUB-members. How can they have the same rights etc as those who have been there years?
And guess where a LOT of funds have gone since THEY joined?
Back to the thread: I STILL say that we will end up paying........watch this space.
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Its a sorry state of affairs and something that we have no control over as people, the money will go as the govenment will hold the EU relationship in higher value that the money they are giving away (or lending if it comes back..)
We could have used that money to correct the uk situation and then looked at helping others.
the euro is screwed and the sooner they scrap it and come up with something new the better, personally I am waiting for the bailout to come from somewhere like China.....
We could have used that money to correct the uk situation and then looked at helping others.
the euro is screwed and the sooner they scrap it and come up with something new the better, personally I am waiting for the bailout to come from somewhere like China.....
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I can't understand why the EU (Germany) wanted all of the other countries to to join the EU when all they can contribute is a few peanuts. I agree with the OP, the bill should be split evenly. If the other countries can't cough up then it's a clear sign they ain't needed. Just my opinion.
Last edited by scud8; 22 December 2011 at 07:53 PM.
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Why is it unreasonable to all pay the same.
I do not expect to join a fitness studio and pay nore than the next person because I work for HP and they work for the local supermarket. We are both members of the same club. We should both pay teh same membership fee. It is not my fault they do not get paid as much as me.
I do not expect to join a fitness studio and pay nore than the next person because I work for HP and they work for the local supermarket. We are both members of the same club. We should both pay teh same membership fee. It is not my fault they do not get paid as much as me.
But using your analogy it is HP that are joining the club not an individual and you would expect HP to pay more than the local supermarket - Tesco excluded
dl
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http://news.sky.com/home/politics/article/16133522
So there are 27 countries in the EU! And the bailout fund is 200 billion! so why should Britain Stump up 1/4 of the total bail out fund?
Surely this bail out fund should be a sort of insurance policy that all of the 27 EU countries pay an equal amount into.
So there are 27 countries in the EU! And the bailout fund is 200 billion! so why should Britain Stump up 1/4 of the total bail out fund?
Surely this bail out fund should be a sort of insurance policy that all of the 27 EU countries pay an equal amount into.
They still expect us to pay for their dinner now, and see how they act when we dont...
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#28
The Eurozone are a victim of their own regulations The ECB cannot loan money directly to countries so what they are doing to get around this is trying to setup Euro bailout fund so that they can give this to the IMF and then for the IMF to loan it back out to the countries in the Eurozone. They currently don't have enough in the fund and are desperately wanting the UK to make up the shortfall. Lets forget the legalities of laundering money.
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OK I am sure you are right and I am not wallowing in semantics in this festive season
Was it Marx who said he wouldn't want to joining a club who would have him as a member? Perhaps there is a lesson there
david
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The UK are a total laughing stock in Europe. Who is it we have to thank for this?