UK will help Ireland through debt crisis says Chancellor

[dipsydoodle]

The UK’s chancellor George Osborne has vowed to help Ireland restore stability to its finances.

Speaking ahead of the Ecofin meeting in Brussels today, Osborne pledged Britain’s support to Ireland in its efforts to fix its ailing banking system.

He said helping its closest neighbour was in his country’s national interest.

“Ireland is our closest neighbour and it's in Britain's national interest that the Irish economy is successful and we have a stable banking system. So Britain stands ready to support Ireland in the steps that it needs to take to bring about that stability," he told reporters today.

http://www.businessandleadership.com/economy/item/26736-uk-will-help-ireland/

[non sociopath skin]

1. Time to bail out the banks again.

No shame at all, have they?

The Skin

[T_i_B]

2. I'm going to nail my colours to the mast here...

and say that I'm not happy with this.

We've got enough problems on our plate dealing with the consequences of our own bailouts without bailing out anyone else. This may end up being the equivalent of throwing money down a large hole.

Even if bailouts have been nessessary sometimes, the consequences of them are so bad as to make them very undesirable things.

[mackerel]

3. Yeah that's what the German's were saying about

Greece.