EU finance ministers have agreed on emergency measures worth 500bn euros (£430bn) to prevent the Greek debt crisis from affecting other countries.
The 16 members of the single currency bloc will have access to 440bn euros of loan guarantees and 60bn euros of emergency European Commission funding.
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The BBC do mention UK involvement, tucked away from the main report with the simple line of:
BRITAIN could be forced to cough up £43BILLION under a controversial deal early today to bail out debt-ridden EU countries.and:
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Alistair Darling has caved in to a demand that British taxpayers underwrite at least £13 billion of debt held by other European governments as EU finance ministers agreed an even bigger bail-out for the euro.and:
Alistair Darling, travelled to Brussels, anxious to forestall any attempt to manoeuvre the UK into footing part of the bill for shoring up the euro.
But he agreed with the other 26 ministers to more than double a European commission-administered fund for balance of payments support from €50bn (£43bn) to €110bn.
The extra €60bn will also be available to eurozone countries. In the worst-case scenario, Britain would still be liable for €15bn, according to the Treasury.
and:
David Cameron is facing an immediate clash with Europe after Alistair Darling prepared last night to sign up to a massive new fund to back the euro that could cost British taxpayers £15 billion.
In what could be his last act as Chancellor, Mr Darling went along with plans to double to ¤110 billion (£96 billion) the bailout fund designed to prevent a repeat of the Greek financial crisis.
The BBC do mention UK involvement, tucked away from the main report with the simple line of:
The UK has a very limited exposure to this package, and has not participated in the bulk of the deal.BBC impartiality at its best.
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