Alistair Darling has cunningly agreed to pay out 8bn of GB tax payers money into a Euro zone finance pot as part of our commitment to bail out the Greek economy and uphold the Euro as a credible currency.
'Once again we have led the way and acted decisively' beamed Darling 'they (the Euro zone countries) were trying to cut a deal behind our back and exclude us from the decision making. But we were having none of it.
We insisted on being involved at the highest level and eventually I managed to get our payment into the fund up from absolutely nothing at all to an eye watering £8bn.
The other EEC finance ministers were clearly caught off guard by our insistent demands but soon came round to our way of thinking. I put our case firmly, clearly and concisely and in the end they had no choice but to let us help bail them out.
The clever bit is....it's not even our money because we have already borrowed it from somebody else, so if the Greeks default it won't really matter because we are paying it back anyway.
Darling secures 8bn payback terms for other people's debt
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Alistair Darling has cunningly agreed to pay out 8bn of GB tax payers money into a Euro zone finance pot as part of our commitment to bail out the Greek economy and uphold the Euro as a credible currency.Posted 3 years ago #
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