UK ministers reach agreement on euro issue

After a long meeting yesterday, 5 June, British cabinet ministers finally came to an agreement on whether (or when) Britain should join the single currency, although their decision will not be made public until Monday.

According to the BBC, the cabinet ministers accepted the chancellor Gordon Brown 's recommendation that, economically, the time was not right for Britain to join the euro.

At the same time, a bill allowing the government to call a euro referendum, was agreed to be ...