31/01/2003 (Agence Europe) - According to the British Liberal Democrat Chris Huhne, the review of the British convergence program undertaken by the European Commission (see yesterday's EUROPE, p. 7) confirms that 'the United Kingdom could accede to the Euro without any consequences for taxation, public spending or investment, despite what is claimed by the 'no' campaign' against the single currency. Welcoming increased British government investment and noting the 'healthy medium-term position of the United Kingdom, the Commission assures that the Stability Pact will not prevent the development of British investment spending,' said Mr. Huhne. He added: 'Eleven of the twelve countries of the Euro zone have higher levels of public spending, and, generally speaking, a better level of public service than the United Kingdom, which proves that fear of the Stability Pact leading to cuts in public spending has, as it often the case, no meaning.'