Does Osborne have any cojones? Will he make Fritz pay up?

While Uncle Rupert Murdoch was running rings round our useless, expenses-fiddling MPs, there was an even greater�farce being played out across Europe. Unsurprisingly, we are gradually finding out what we knew all along. The PIIGS (Portugal, Ireland, Italy, Greece and Spain) are all bankrupt. The hundreds of billions already given to Greece, Ireland and Portugal have mysteriously disappeared into the pockets of bankers and the corrupt ruling elite. Now all the Latin/Catholic countries are coming back to demand more of our cash and threatening a new economic crisis if they don’t get it.

So what will Osborne do? Will he kiss Van Rompuy’s and Barrosso’s asses and hand them hundreds of billions more of our money? Or will he tell them that the euro crisis is their problem and if Germany wants to run Europe then Germany should pay for the profligacy of the lazy, high-spending PIIGS? It will be interesting to see if Osborne has any cojones.