52271. United Kingdom—Euro Issues
- Author:
- Oxford Analytica
- Publication Date:
- 01-2000
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- The formal position of the United Kingdom government that it favours entry into the European single currency 'in principle', but subject to five economic tests and popular sanction in a referendum, masks increasingly deep splits among senior ministers as to what exactly this formula means in terms of practical timing. A profound disagreement between the treasury and the foreign office, personified and led by their respective politicians, exists and is likely to intensify both in the run-up to the next UK election and throughout the next parliamentary term.
- Topic:
- Government, International Trade and Finance, and Politics
- Political Geography:
- United Kingdom and Europe