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The three non-euro countries Britain, Sweden and Denmark have suffered no loss of trade into the euro area (Photo: European Commission)

Euro membership not good for all, study says

Britain and other European economies have little to gain from adopting the euro now, the author of a new report has claimed.

Researcher Richard Baldwin concluded in the report "In or Out: Does it Matter – An Evidence-based Analysis of the Trade Effects of the Euro" that countries entering the single currency could primarily see their imports go up as a consequence.

The report published by the Centre for Economic Policy Research in London also said that the three non-euro countrie...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

The three non-euro countries Britain, Sweden and Denmark have suffered no loss of trade into the euro area (Photo: European Commission)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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