The euro's in-and-out club
Article Abstract:
There are divisions within the United Kingdom on whether to join European monetary union, while in mainland Europe it has ceased to be a topic of debate. Of the other European Union members not yet part of the project, Greece aims to join in 2001, and its reducing its debts and budget deficit. Denmark's prime minister favors monetary union and there is support for joining, according to opinion polls. Support is less clear cut in Sweden, though there appears to be a small majority in favor of membership.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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Smothering the euro debate
Article Abstract:
The United Kingdom Conservative Party has decided to oppose joining European monetary union for a minimum of two parliaments, while the ruling Labor Party does not have a clear position on this issue. Prime minister, Tony Blair, has been vague on his attitude to the euro, and has sought to stifle debate on the issue. A referendum is planned on membership of the euro, but only after certain conditions have been achieved, and they involve judgement by Blair, rather than clear-cut criteria.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1999
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