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Tuesday, 26 June 2012

Cyprus begs for money now

Spain and Cyprus have both demanded a European Union bailout, in the latest countries to fall victim to big government spending and a welfare entitlement culture. It is expected Cyprus will seek at least  €10 billion ($A12.467 billion).

Excellent point made by UK Independence Party Leader, Nigel Farage MEP, regarding the farce ''
Well it's all going so well! Now Cyprus wants to be bailed out. Can we leave, yet?''

It will also be interesting how long Eurosceptic Tory MP's can put up with David Cameron's refusal to hold a referendum, and his support for further European Integration.
Mark Pritchard, Bill Cash, Nadine Dorries, Jacob Rees-Mogg and Douglas Carswell are the main contenders to do Britain a favour.

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