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Europe Daily Bulletin No. 8479

11 June 2003
Contents Publication in full By article 17 / 48
GENERAL NEWS / (eu) eu/euro/united kingdom
UK not yet ready to join euro

Brussels, 10/06/2003 (Agence Europe) - On Monday the UK's Chancellor of the Exchequer, Gordon Brown, said that the UK was not ready to join the single currency yet, but said a referendum would be held on the issue (without setting a date) and offering europhiles the prospect of structural reform to adapt the UK's economy to eurozone economies over a relatively short timespan.

Speaking to a packed House of Commons, Brown said the UK economy was not yet sufficiently in line with those of the...

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