UK Will Avoid Greek Crisis

LONDON, May 19, 2010 - The UK is not set to mimic events in Greece as the new government
prepares an emergency budget for June, says Robin Bew at the Economist
Intelligence Unit in his monthly Global Forecast programme.

However, in an interview for online broadcaster www.cantos.com,
Mr Bew adds that Prime Minister David Cameron will find it difficult to
disengage the UK from the Eurozone's woes, an economic block that is
undergoing a form of "pooling of fiscal sovereignty."

"Britain, of course, is not part of that, but anything which changes so
dramatically the economic make-up of Continental Europe is something that
Britain is going to have a view on, and Britain as part of the EU is going to
have to compete against that block. So while it's not going to necessarily
cost Britain any money, politically it's certainly going to be a very big
issue for Britain."

The interview and transcript are available now on
www.cantos.com/economist.

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.

If you would like to contact us, please email amanda.alexander at cantos.com or phone
+44-207-936-1352.