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/C O R R E C T I O N -- TaxPayers Alliance/
Read the full research report here
Following Argentina's default on their debt this summer, new TaxPayers' Alliance polling suggests there is a firm belief that Argentina should settle its debts and improve its behaviour in foreign affairs or face removal from the "Group of Twenty" (G-20), which meets this weekend in Australia .
Respondents view Argentina's handling of the current debt crisis as inappropriate and believe that the UK Government's policy of withholding loans to Argentina is justified and correct. Voters outside of the UK support their governments taking similar action in the UK and also withholding support for future taxpayer-backed loans to Argentina .
In 2012/3, at the urging of the United Kingdom , the United States and others, the World Bank effectively froze lending to Argentina due to its refusal to pay creditors and tendency to default on its debts, and its aggressive foreign policy. Despite President Kirchner's continued refusal to meet its international obligations on debt repayment, IMF rules and economic statistics, as well as the deliberately provocative $1.6 billion purchase of 24 advanced Saab Gripen Fighter-Bomber aircraft, the World Bank board has endorsed a new country strategy for Argentina which will see some $3 billion of loans directed towards the country. The World Bank, however, works on a consensus basis and as such a strong position taken by the UK Government can influence the final decision when it is made in December.
The TaxPayers' Alliance led the Stop Funding Argentina campaign in 2012, which was supported by thousands of people, forcing the Government to join the United States in refusing to underwrite loans to President Kirchner's regime. You can find details of the campaign here.
Read the full research report here
TPA spokesmen are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Notes to editors
1. Founded in 2004 by Matthew Elliott and now with 80,000 supporters, the TaxPayers' Alliance (TPA) fights to reform taxes, cut spending and protect taxpayers. Find out more about the TaxPayers' Alliance at www.taxpayersalliance.com
2. The survey was conducted by the Global Strategy Group between 5 November and 10 November 2014 . The survey received 1,050 online responses. The margin of error on Europe -wide results is +/- 3%.
3. The full survey data can be found here: http://www.taxpayersalliance.com/europeanonlinesurvey.pdf