Britain must fend for itself in event of crisis, French official warns

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By Angela Monaghan

Jean-Pierre Jouyet said the UK would have to fend for itself if ongoing political uncertainty led to a meltdown in the financial markets.

“The English are very certainly going to be targeted given the political difficulties they have. Help yourself and heaven will help you. If you don’t want to show solidarity to the eurozone, then let’s see what happens to the United Kingdom,” he told Europe 1 radio.

Mr Jouyet, European affairs minister from 2007-2008, was clearly angered by the Chancellor Alistair Darling’s refusal to pledge funds in an attempt to protect the euro, by failing to agree to provide troubled eurozone countries with €440bn in loans or guarantees.

He said it was a clear sign of the divisions within the European Union. “There is not a two speed Europe but a three speed Europe. You have Europe of the euro, Europe of the countries that understand the euro...and you have the English,” he said.

However, Mr Darling did agree to contribute to a €60bn extension to an existing European Union facility to help those countries in particular difficulty.

The International Monetary Fund has agreed to provide a further €250bn.

Britain must fend for itself in event of crisis, French official warns

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