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Image header Agence Europe
Europe Daily Bulletin No. 7998
Contents Publication in full By article 23 / 58
GENERAL NEWS / (eu) eu/euro

Will United Kingdom delay entry into Euro?

Brussels, 03/07/2001 (Agence Europe) - On Tuesday the Financial Times wrote that even if the United Kingdom's economy and that of other Member States in the Euro area appears to favour economic convergence, a situation that has not been experienced since 1995, it should still delay its entry into the Euro zone. The British newspaper backed up this claim by drawing on a financial study published that day by the financial services firm, PwC, which shows that the overvalued pound and shaky...

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