The new British Chancellor of the Exchequer George Osborne said he will set a schedule for U.K. government departments to detect the available savings in order to cut the second-largest deficit in the EU. Osborne blamed Brown's government of causing the debt to rise sharply, and revealed that Greece did not respond quickly to the dilemma; therefore, he will try to prevent the debt crisis from occurring in his country by introducing emergency budget on June 22, while ministries are expected to identify savings worth 6 billion pounds by May 24.