Back to category: Business Limited version - please login or register to view the entire paper. Lagging Behind:Britain and the Euro The debate about the euro in Britain has changed dramatically since the introduction of euro notes and coins on 1 January 2002. This shift should give pro-Europeans every confidence that a referendum on the single currency can be won. Consequently, it has already left anti-Europeans appearing disheartened and disoriented. This historic changeover to the euro was obviously a profound change for the 300 million citizens of the twelve European Union countries that adopted the currency. It was a revolution on Britain’s doorstep that has practical implications for most British citizens. Most obviously, Britons make 40 million visits to the euro-zone every year, either on business or holiday. From 28 February, when the old European currencies were finally withdrawn from circulation, these visitors will have to use the euro exclusively. In addition, tourists from the euro-zone are expected to make 13 million visits to Britain this year. Those visitors will come here with euros... Posted by: Sean Wilson Limited version - please login or register to view the entire paper. |
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