If so WHY.
If not WHY.
2007-07-17 08:13:35 · 4 answers · asked by Soylent 4 in Politics & Government ➔ Other - Politics & Government
The Euro would certainly be of great benefit to British businesses that trade in Europe, and as such could provide a boost to the economy. Then again, the UK economy at the moment is doing very well as it is.
So I do think the Euro would benefit the UK in the long run, but I don't think the economic or political climate is quite right at the moment. The current strength of the pound would probably mean that we would be a bit worse off if we switched to the euro right now, and there are still too many people on all sides of the political spectrum who remain unconvinced about it on principle.
I have no doubt that the pound will be replaced by the Euro at some point, but I can't see it happening within the next few years.
2007-07-18 03:40:37 · answer #1 · answered by Spacephantom 7 · 0⤊ 0⤋
The status quo seems to be working well for both sides. The Euro and the Pound are both exchanging high against the dollar and the European economies are doing fine on the whole.
Don't mess with a good thing.
2007-07-17 08:26:17 · answer #2 · answered by The Stylish One 7 · 1⤊ 0⤋
At this point I would say no. The European Commission hasn't really shown that they have any sort of leverage over collective Europe. Everybody agrees in theory but then does nothing to work as a cohesive group. Look at France, Itally . . . Germany plays by the rules but well their German.
2007-07-17 08:17:18 · answer #3 · answered by CHARITY G 7 · 1⤊ 0⤋
Oh, please let it be! If I should find a Euro-coin with the tower-bridge on its back one day, I could only be afraid to have some false money in my wallet...
2007-07-17 08:49:11 · answer #4 · answered by otto saxo 7 · 0⤊ 0⤋