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Thread: Should Britain now join the Euro?

  1. #1
    Politics.ie Member Magror14's Avatar
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    Default Should Britain now join the Euro?

    Now that the Euro has appreciated to nearly .80 of Sterling is the time now right for Britain to join the Eurozone? Would there be advantages for the City?

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    Politics.ie Member Squire Allworthy's Avatar
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    Default Re: Should Britain now join the Euro?

    Politically impossible, Brown won't do it and when he is booted out the Conservatives definitely won't.

    Should they join, in my opinion yes. Good for their business sector.

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    Default Re: Should Britain now join the Euro?

    I agree. The only way he could possibly sell it would be if the Brits were offered a good exchange rate on conversion.
    I can't see them converting at the current 1.26 yoyo's per pound Sterling. I'm sure that in the medium term Sterling is going to recover to a much stronger position in relation to the Euro.

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    Default Re: Should Britain now join the Euro?

    No way! Denmark have voted against the Euro - The euro is dead.
    "Consistency is the last refuge of the unimaginative."
    Oscar Wilde

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    Default Re: Should Britain now join the Euro?

    It would be particularly silly in the current climate and would also be detrimental to businesses on the Northern side of the Irish border.

    So, no, Britain (sic) should not join the Eurozone.

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    Politics.ie Member Magror14's Avatar
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    Default Re: Should Britain now join the Euro?

    The City is one of the biggest financial centres in the world but its currency is relatively one of the less important. Does the City become more attractive with the Euro? Does it really matter?

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    Default Re: Should Britain now join the Euro?

    Quote Originally Posted by eurocrat
    No way! Denmark have voted against the Euro - The euro is dead.
    The Euro dead? Surely not since Malta joined.

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    Politics.ie Royalty toxic avenger's Avatar
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    Default Re: Should Britain now join the Euro?

    They can not conceivably sign away Sterling without reference to the people in a plebiscite. And there are two chances of the people agreeing to it...

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    Default Re: Should Britain now join the Euro?

    Quote Originally Posted by McDave
    Quote Originally Posted by eurocrat
    No way! Denmark have voted against the Euro - The euro is dead.
    The Euro dead? Surely not since Malta joined.
    Why do you hate democracy :x They voted against it so nobody should be allowed to have it. Respect the Danish NO!
    "Consistency is the last refuge of the unimaginative."
    Oscar Wilde

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    Politics.ie Member Magror14's Avatar
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    Default Re: Should Britain now join the Euro?

    Quit it you two or you'll suck the Lisbon no voters into this thread!

    I was hoping to get some analysis.

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