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EUobserver: Britain closer to euro, Barroso says

The global credit crunch has sparked a debate about joining the euro among "people who matter in Britain," European Commission President Jose Manuel Barroso has said.

Speaking on a French RTL radio and LCI television show on Sunday (30 November), Mr Barroso argued that the entry to the eurozone of some EU member states who had previously strongly opposed the move is "now closer than ever before."

President Barroso (r) says UK officials are warming up to the euro (Photo: European Community)

"I'm not going to break the confidentiality of certain conversations, but some British politicians have already told me, 'If we had the euro, we would have been better off'," he said.

"I don't mean to say that it will be tomorrow and I know that the majority in Britain are still opposed, but there is a period of consideration under way and the people who matter in Britain are currently thinking about it", the former Portuguese prime minister added.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 1st, 2008 at 03:50:31 PM EST
[ Parent ]
while I would welcome the UK joining the euro, I think this is wishful thinking. Murdoch would never allow it.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Dec 2nd, 2008 at 05:43:39 AM EST
[ Parent ]

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