Eurozone troubles make it harder for the UK to join
Article Abstract:
The problems facing the eurozone economy are discussed. If these problems persist, the UK government will gain further justification for its caution about joining the euro.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Some parts of Europe will be stuck with the wrong interest rates
Article Abstract:
It is very important that exchange rates within Europe are set appropriately before euro conversion rates are determined in May 1998. Policymakers seem to be only just becoming aware of the fact that it will not be possible to change conversion rates once they are fixed. The fixing of conversion rates will have particularly significant repercussions for parts of Europe that will have to undergo a prolonged period during which they will have inappropriate interest rates. The fringes of Europe will probably see economic boom in the period to around 2002, while the core will undergo a period of economic decline.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Life outside Euroland is rich and full of promise
Article Abstract:
The group of countries that remain outside European monetary union - the UK, Sweden, Denmark, Norway, Switzerland and Iceland - have a combined population of 85.2 million, slightly larger than that of Germany. Their total gross domestic product in 1998 was $2,207 billion, compared with Germany's $2,132 billion. It is clear that these countries have a viable economic future outside European monetary union, especially as they are strongly present in expanding industries and have only limited representation in declining industries.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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