The Treasury is preparing to put further billions of pounds of taxpayers’ cash at risk under emergency plans for the break-up of the euro.
The money will be made available to the International Monetary Fund to help solve the debt crisis threatening to tip the world into the worst depression since the 1930s.
But David Cameron’s commitment at the G20 summit in Cannes to increase Britain’s £29billion IMF contribution left him facing another fight with Tory eurosceptics.
They insist Britain should not offer a penny more to bail out debt-stricken European economies – even indirectly through the IMF.
via Greek crisis deepens: David Cameron raises commitment to IMF rescue above £29bn | Mail Online.
