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Bliar's first term started in 1997. The Euro started was introduced in 1999 but didn't circulate until 2002. I have always attributed the Euro's initial weakness to the fact that it didn't circulate.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Carrie (migeru at eurotrib dot com) on Sun Dec 14th, 2008 at 05:13:02 PM EST
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Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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