Britain refused to fund a €200 billion International Monetary Fund (imf) bailout for the eurozone December 19, taking a further step away from the EU.

The 17 eurozone nations have agreed to contribute €150 billion, Agence France-Presse reports, but are short of their €200 billion target after Britain refused to join in. Britain had been asked to loan €30 billion.

The refusal shows how far Britain has slid toward Euroskepticism within a few years. In 2010, the Labor government committed Britain to contribute to eurozone bailouts until 2013.

This time, during a conference call held Monday, British Chancellor of the Exchequer George Osborne made it clear that Britain “will not contribute to anything that is only available to eurozone countries.”

afp reports that a British government source added: “Nor will we participate in an increase in imf resources that only comes from EU countries without the participation of other G-20 countries outside the EU.”

The Telegraph’s international business editor, Ambrose Evans-Pritchard, writes that “Euro rage is reaching new heights” over Britain’s refusal.

It is obvious that Britain and Europe are heading in two different directions, and will only grow further apart over time.