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RICHARD LAMING - "The euro is not an end in itself. It is merely a step towards a fairer and better governed world. Sadly, the present British government seems not to understand" (Photo: Richard Laming)

How not to join the euro

The British government's announcement yesterday, 9 June, that Britain will not be joining the euro any time soon should not have surprised anyone. It should not fool anyone, either. This is not a near miss or a postponement: this is failure.

The collapse of the British government's pro-euro strategy could have been - and in some honourable quarters, was - foreseen from the outset.

"They've got sovereignty, we've got economics," said Britain in Europe's newly appointed campaign d...

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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.

RICHARD LAMING - "The euro is not an end in itself. It is merely a step towards a fairer and better governed world. Sadly, the present British government seems not to understand" (Photo: Richard Laming)

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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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