Quote from antelope:
I think this guy (Cameron) has lost it. What the heck is he trying to say?
'No government has ever lost money on lending to the IMF. It does not put British taxpayer money at risk. I'm not asking British taxpayers to contribute to the IMF because Europe has not done enough. Britain will not invest in the eurozone bailout fund, Britain will not invest in the IMF so that the IMF can invest in the eurozone bailout fund. The rest of the world is saying, we are responsible countries, we want the global economy to work. Resourcing the IMF is not a subsitute for the eurozone dealing with its own problems. '
Asked about the possibility of Greece leaving the Euro, he says:
'The Greeks have to decide, do they want to stay in the eurozone and accept the package offered? What they can't do is string this out endlessly. The world can't wait for the eurozone to go through endless questions and changes about this.... If Greece was to leave the eurozone there would be bad economic effects that would be felt across Europe, including in the UK. Because of that, it is right we should have proper contingency plans in place to deal with any eventualities. '