"It is perfectly clear that the euro has been a great success in anchoring its eurozone members during this financial crisis.
Imagine where all of us would have been if it hadn't. I hope people will recognise that this represents a major vindication for the single currency.
Does it remain an important objective for Britain to find itself in the same currency as that single market in which it interacts? Obviously yes."
Lord Mandelson, speaking in Berlin, June 10, 2009
On a related topic, whatever happened to Brown's five tests for UK entry into the eurozone?
Friday, June 12, 2009
Mandelson gives us another reason to not vote Labour
Labels:
Bank of England,
crash,
ECB,
EU,
finance,
insolvency,
London,
UK,
UK economy
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