No euro referendum in UK this year

It will almost be impossible for Britain to have a euro referendum this year or even during this parliament term, senior Commission sources told the Observer. The newspaper reports that there has been "zero" discussions between Britain and the EU key institutions over joining the single currency.

British prime minister Tony Blair has made it clear that joining the singe currency is one of the most important issues of his second term. In his new year message Mr Blair stressed that joinin...