George Osborne: 'Britain is not ready to fund another eurozone bailout'

Posted by Land Bike at Sunday, February 26, 2012 | 0 comments

Britain and the world's leading economies should not fund another eurozone bailout, George Osborne warned today. Speaking as finance ministers gather in Mexico for the G20 summit, the Chancellor said extra funds would not be handed over until countries who use the struggling single currency commit resources themselves. In an interview with Sky News, Mr Osborne said: 'We are prepared to consider IMF resources but only once we see colour of eurozone money and we have not seen this.