NEWS

UK should not help in Greece rescue, Cameron says

British Prime Minister David Cameron pledged on Tuesday that he would fight ?very hard? in Brussels to make sure that no British taxpayer money goes into a rescue plan for Greece.

Speaking at The Times’ CEO summit in London, the Tory Party leader said there was ?absolutely no reason? for Britain to be involved in a fresh bailout of the debt-chocked country, stressing that he would be taking that message to his EU peers during a European Council meeting later this week.

European leaders are meeting in Brussels on Thursday and Friday; the Greek crisis is expected to dominate the talks.

“The first Greek bailout was done by eurozone members and I see absolutely no reason why Britain should be dragged in through European financial mechanisms or other mechanisms to support a subsequent Greek bailout,» Cameron told the gathering of chief executives.

“We are not in the euro, we chose not to join the euro and so I don’t think we share responsibility for this,» he added in a reference to Britain’s opt-out of the euro.

Greece’s foreign lenders, the EU and the IMF, on Monday warned that Athens would get the next chunk of financial support only if the Parliament passes a controversial package of budget measures.