Oppose the EU Bailouts

Contrary to the Chancellor of the Exchequer's comment that we "have to live with" the Portuguese bailout, as Alistair Darling signed us up to the European Financial Stabilisation Mechanism, we believe it must be challenged.

If necessary, in the courts. The European Scrutiny Committee has referred to that mechanism as "legally unsound". But otherwise the Government should simply refuse to accept British taxpayers' money being used to delay the inevitable reckoning for the economic failure of the euro.

With huge pressure on our finances, we do not believe we can afford to bail out others for mistakes we have not made.