ECONOMY

Britain preparing for the worst on Greece

Britain preparing for the worst on Greece

Great Britain on Wednesday urged a swift solution to the Greek crisis, saying it was prepared “for the worst” and ready to defend its economic security after Greece defaulted on its IMF debt.

“It is vital now that the current uncertainty is resolved, whatever the Greek people decide, to ensure economic and financial stability across Europe,” Chancellor of the Exchequer George Osborne said in a statement.

“Britain’s attitude to this developing crisis is clear: We hope for the best but we prepare for the worst,” the British finance minister said.

“We stand ready to do whatever is necessary to protect our economic security at this uncertain time.”

Britain has already warned travelers to Greece to bring enough cash for the duration of their stay and will help people receiving British pensions in Greece to move their funds out of Greek bank accounts.

[AFP]

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