– There is no doubt that a mistake or miscalculation can send European economies back to an equally dangerous situation four years ago, said Osborne told reporters in Washington.
Having met representatives from the other G20 countries, he says that the mood is far gloomier than at the previous meeting.
– There will be a mistake to think that the UK is protected from future instability in the European economy, says finance minister.
Corridor Prat
The Greek debt crisis affects chat in the corridors of Washington, where a number of top politicians gathered for the spring meeting of the World Bank and the International Monetary Fund (IMF). From Norway participates Secretary Brende (H) and Finance Minister Siv Jensen (FRP).
Greece owes roughly 315 billion euros, over 2.670 billion after closing rate. The Greek government’s coffers are bunnskrapt and negotiations on payment of additional emergency funds have been underway for several weeks.
New deadline approaching
finance ministers of the eurozone will meet again on April 24, and the government in Athens said Friday that it has faith that the parties will find a solution by the end of the month.
Without such an agreement may Greeks intent on defaulting debt, wrote the Financial Times earlier this week. (© NTB)
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