Critics warned that George Osborne will face a massive revolt in the Commons
Thursday January 19,2012
By Daily Express Reporter
TAXPAYERS are expected to be asked for £28billion extra to bail out the Euro.
The International Monetary Fund yesterday unveiled plans to rescue the worst debt-hit nations.
And under a deal agreed within the European Union, Britain would increase total support for the euro to £65billion, or £2,500 for every family.
Critics warned that David Cameron and George Osborne will face a massive revolt in the Commons over the proposed cash handover.
Tory MP Peter Bone said: “Enough is enough. We are absolutely against putting money into countries where they are in the euro and have no way of devaluing their currencies".
Matthew Sinclair of the TaxPayers’ Alliance said: “The Government shouldn’t use increased IMF contributions to bail out [the] eurozone by the back door after promising taxpayers wouldn’t pick up the bill for a currency they refused to join.”
Ministers insist the cash would support “countries and not currencies”.
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