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Image header Agence Europe
Europe Daily Bulletin No. 9011
Contents Publication in full By article 14 / 29
GENERAL NEWS / (eu) eu/emu/united kingdom

23/08/2005 (Agence Europe) - The EU has not taken advantage of the implementation of the euro in order to speed up economic reform, in view of the former Chancellor of the Exchequer Kenneth Clarke, who feels that "on that front so far, [the EMU] has been a failure". Chancellor of the Exchequer (British Conservative) from 1993 to 1997, Mr Clarke calls upon the European Central Bank (ECB) to "rethink the role it plays in the economic life of the nations it serves". The ECB should be "more...

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GENERAL NEWS