EU bail out fund

Tis is an extract from Open Europe 11/05/2012
UK’s EU bailout fund guarantees “may not be legally binding”
The Times quotes Open Europe’s director Mats Persson, discussing the EU Bill set out in the Queen’s speech to enact an EU bailout fund treaty change. He says: “There are two issues with this EU treaty change that could cause big problems: first, it allows the eurozone to integrate further with consequences for UK interests; second, the quid pro quo guarantee that the UK won’t be forced to contribute to euro bailouts in future may not be legally binding.”
Times Open Europe blog

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