The arguments for EMU

Imagine the US without a common currency to see how farcical the European situation is, writes Monty Burton


The European Union - or at least a part of it - now has a common currency, while the UK, as always, cannot make up its mind what to do, and businesses are suffering as a result. In the past, companies have been made bankrupt by foreign exchange disasters, including some big-name firms, and there isn’t a day when newspapers do not include a plea for change in...

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