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Financial Secretary to the Treasury Mark Hoban says the Government is preparing for a failure of the eurozone economies.
Treasury minister Mark Hoban raised eyebrows in the Commons today by referring to the euro "breaking up".
Asked to confirm that the Government had no plans to take Britain into the European single currency, Mr Hoban told MPs: "I don't think there is any intention for us to join the euro at the time when it is breaking up."
He also confirmed that the Treasury had contingency plans in place to deal with the potential collapse of the euro.
Asked by Tory backbencher Peter Bone what plans had been made "for when the euro collapses", Mr Hoban said: "You would expect that every good government would have plans in place for a whole range of eventualities, and this Government is well prepared for any eventuality."
the English (sorry if I have this a mixed up UK, Britain, England - so confusing hehe)
Originally posted by surrealist
Look at this reader comment:
With the possibility of Civil war in Greece, followed possibly by Italy, will mean the Eu will break up.. the real problem is that it could also mean war between member states.
Government are now experiencing what some of us have been saying since the Euro's birth and its break up is an inevitable fact of life....
Yes we will be hit hard if we stat put... we need to not consider leaving the Eu ... we must demand to leave for the betterment of the country... not for the betterment of a dictator state... and if we need to go to war to do it... then so be it.
Consider that the entire Western world is outraged that the Greek prime minister announced that he is going to permit the Greek people to decide their own fate instead of having it decided for them by a handful of banksters, politicians, and bureaucrats living it up at taxpayer expense at “talks” in the French resort of Cannes on the Mediterranean.
Originally posted by Aestheteka
reply to post by welshreduk
You missed "British Islands" and "British Isles".
Also, British Commonwealth, British Overseas Territories and Crown Dependencies.
I remember my first year in primary school thinking that each of these were completely seperate places. Obviously, we were then taught that they weren't. And that they were....
As an expat in voluntary exile I just use the term 'Green and pleasan land" as it is both easier and sums it all up nicely.
The exception would be Yorkshire, which the locals refer to as God's own country.