Sounds fairly unequivocal to me. Will he stick to his word?Interviewed at the World Economic Forum in Davos, Mr Cameron was told that some “people” thought that Britain should “step up” to help vulnerable economies such as Greece, Portugal and Spain.
But in exchanges to be screened tomorrow [Sunday] lunchtime, he told CNN’S Fareed Zakaria that there would be no further bailouts beyond liabilities guaranteed as part of the European financial mechanism agreed by the last government.
“Clearly, in the case of Ireland, they are an old friend and a very strong partner of the United Kingdom, and it was right for us to make that bilateral loan to help them,” Mr Cameron said.
“But … we're not in the Euro, so we don't have a say over the policy that is pursued in Portugal or in Spain or in other countries.
“I think it's right - if you're not in the Euro, you shouldn't have to make contributions to those funds in future.
“We already have a liability under an existing mechanism that was set up under the last government.
“But, beyond that, I … believe, if you're not in the Euro, you should not be compelled to go to the aid of other countries when …that might be connected to their membership of the Euro.
“I think it's a pretty simple root in life. If you're not a member of a particular club, you don't have the same liabilities to other members of that club.”
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