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British expat rescue plan in case Greece leaves Euro
| Published: | 20 Feb at 3 PM |
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As reported by Express, the United Kingdom has designed contingency plans to aid British expats stranded in Greece if the country leaves the euro. Alistair Burt, the UK’s Foreign Office Minister, announced the Government’s plans to rescue Britons should they be stranded without cash by a sudden Greek exit.
Mr Burt advised expats living in Greece to register with the British consulate so that they could be located by the UK government in emergency situations. The Foreign Office Minister added that the Government was examining “very carefully” all that would be needed for such an event. He said that authorities would try to gauge where British nationals might be located and collaborate with tour operators in order to aid those on holiday.
Foreign Secretary William Hague stated that it would not be beneficial for him to express his opinion on whether or not Greece was likely to leave the euro. Constantine Popadopoulos, Greek minister for international economic affairs, has dismissed the UK’s contingency plans, stressing that his country was very committed to staying in the eurozone.
Meanwhile, stock market figures were set for a boost this morning as hopes were high that an agreement to settle the Greek crisis would be settled today. Finance ministers from the eurozone are expected to soon pass a £108 billion bail-out deal for the debt-ridden country.
Mr Burt advised expats living in Greece to register with the British consulate so that they could be located by the UK government in emergency situations. The Foreign Office Minister added that the Government was examining “very carefully” all that would be needed for such an event. He said that authorities would try to gauge where British nationals might be located and collaborate with tour operators in order to aid those on holiday.
Foreign Secretary William Hague stated that it would not be beneficial for him to express his opinion on whether or not Greece was likely to leave the euro. Constantine Popadopoulos, Greek minister for international economic affairs, has dismissed the UK’s contingency plans, stressing that his country was very committed to staying in the eurozone.
Meanwhile, stock market figures were set for a boost this morning as hopes were high that an agreement to settle the Greek crisis would be settled today. Finance ministers from the eurozone are expected to soon pass a £108 billion bail-out deal for the debt-ridden country.
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