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Wanna Argument?

As Europe says 'hello' to the euro, is the UK sound as a pound?

Happy
Say Euro, wave goodbye!
sad
Leave the legacy currency alone!
So, the euro's been launched then. What a success!
So what! Just because they didn't lose too much money on the way to stock the cashpoints.
Don't mock. Pretty soon we'll all be paying for everything in euros.
Yeah right! I think not.

How is the UK dealing with the euro's introduction?




Of course there are! And we may be mad for not joining now.
Aha! As I suspected, another hopeless piece of European madness. It's a political project and they haven't considered the risks of it. Are there any benefits for Europe in this?

What are the benefits of having a single currency?

   
There you go! As I've said, the euro's here to stay and it's only a matter of time before we get it.
As President Bush would say, 'Not over my dead body'! But you know what I mean. There's still more to it than you make out. What if the whole thing goes pear-shaped?

What are the dangers of having a single currency?

   
Well then?
I told you it would be a disaster, just like the ERM.
 
But it wouldn't happen like that again, 'cos the Government's set five economic tests to help judge if and when it's right to join.
And I bet one of the tests is the number of expenses-paid trips around Europe the politicians get!
 
You're getting cynical again.  
 

The UK Government's five economic tests for euro membership

   
There, you see. I told you it was all above board.
Of course. How wrong of me to doubt you! By the way, any thoughts on the questions a referendum should ask?
 
Errm. Think that'll have to wait until another time.
Thought so!