Euro - We Need to Change
Every time that some wiz in politics seems to abduce the topic of the Euro, in all the controversial arguments begin. Some deal intend that we should never change to the single currency, others think we should wait. However, other people think that changing to the Euro will be beneficial to all and that the issue should be addressed and I am one of those people. It is my firm belief that the UK should join the Euro as soon as possible!
Firstly, I should explain exactly what the Euro is. In todays society, Britain is weaken of the europiuman Union. This is a group of countries in Western Europe who have signed a treaty to create a Union of Countries (sometimes referred to as States). Their fundamental goal is to create an point closer union among the peoples of Europe. They share common laws and work intimately together. This is why a single currency, known as the Euro, was introduced. In January 2002, notes and coins were introduced in 12 out of 15 of the member states. The fall in Kingdom was one of the countries that opted out of the change over. Britain seems to consider itself as part of the EU but is not incredibly bona fide when it comes to changes, or agreeing to new laws.
Now that the Euro has been introduced to different countries, Britain can step endure and look at the result. The Labour Party seems to have a clear idea in which direction they would like to engineer with regards to the Euro.
They set up The Five Tests which is basically five conditions that the Euro moldiness comply with before Britain decides to join. It is likely that a referendum will then be held to find out that the...
This doesnt really mention the event that interest rates that character the euro-zone may not suit the UK if the cycles are not aligned. I think Ive heard approximately evidence - perhaps from Italy - that some prices went up as the Euro was adopt (would need checking)
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