Via British taxpayers ordered to bail out euro – Telegraph: All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European stabilisation mechanism. Britain will be unable to veto this as it will be put through under the “qualified majority voting” system. And the mandate for a Labour Chancellor to sign up to this is what? Interested readers may wish to see The Cobden Centre’s posts on Greece and my serialisation of The Theory […]

Tags: debt, Democracy, economics, EU, euro, Greece, TMC