Osborne urges euro trauma solution

Britain will not “go out on a limb” in pumping extra cash into the International Monetary Fund to help restore the health of the global economy, Chancellor George Osborne said today as world leaders debated the crisis amid continuing turmoil in Greece.

And he warned a Greek exit from the euro would be “pretty traumatic”, calling on the countries which use the single currency to “face up to their responsibilities” and ensure a solution was found