51吃瓜

Case for currency quiz

Last updated
五月 27, 2015
Published on
八月 30, 1996

Two recent reviews (THES, July 26 and August 2) contribute illuminatingly to the vital debate on a single currency. However, they both describe negatively those who oppose a single currency as prone to dangerous illusions, full of prejudice, and partial, selective and sadly lacking in historical understanding.

But is there not a rational case for questioning the single currency? The Maastricht Treaty obliges us to meet the convergence criteria for a single currency. The European Commission's own employment committee, which supports a single currency, has forecast that this convergence would destroy ten to 12 million jobs across Europe. This would mean two million jobs in Britain. Surely it is reasonable to oppose a policy that would have such grave consequences, WILL PODMORE Wilton Way, Dalston London E8

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