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David Cameron wins 'no Greek bailout' battle

Publié par Clifford Armion le 24/06/2011

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Andrew Grice

"Britain claimed victory over Germany last night after a power struggle over whether UK taxpayers should contribute to a planned second European Union bailout for the ailing Greek economy.

"At a two-day summit in Brussels, EU leaders showed solidarity with strings by telling George Papandreou, the Greek Prime Minister, they would release the latest €12bn (£10.65bn) of the €110bn aid agreed last year to help Athens avoid defaulting on its loans - but only if the Greek Parliament backs his government's tough austerity measures in a critical vote next Tuesday.

"David Cameron vowed to oppose any British contribution to a further €120bn bailout for Greece due to be finalised next month. But Angela Merkel, the German Chancellor, came under strong pressure from her own Parliament to ensure the second package draws on a €60bn EU fund to which Britain contributes 12 per cent."

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Pour citer cette ressource :

"David Cameron wins 'no Greek bailout' battle", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2011. Consulté le 23/06/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/david-cameron-wins-no-greek-bailout-battle