SENSATIONAL CLAIM: Greece’s economic collapse is BRITAIN’S fault and our banks should pay

The outrageous allegation was made by the Jubilee Debt Campaign, a UK-based charity which pushes for the debts of economically-struggling countries to be cancelled without payment. 

On the eve of the decision to give Greece £9billion in emergency loans, the charity’s director Sarah-Jayne Clifton said even an even bigger bailout was needed – and that Britain should pay the price.

She said: “A significant amount of debt needs to be cancelled, not just rescheduled, if the Greek economy is going to have the breathing space it needs to recover.

“And the costs of cancelling the debt should be recovered from the real beneficiaries of bailout loans, including the German, French and British banks that lent recklessly to Greece in the first place.”

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