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Britain should join the Euro, says Bilderberger Mandleson, as he praises ‘great success’ of single currency

Posted By admin On June 12, 2009 @ 9:18 am In Money Watch | Comments Disabled

UK Daily Mail [1]
Friday, June 12, 2009

Lord Mandelson has reopened the divisive issue of joining the single currency.

The Business Secretary described it as an “important objective” for Britain during a trip to Berlin, hailing the euro as “a great success”.

It is the first time such a senior minister has openly enthused about the euro for over five years. Gordon Brown effectively closed down the debate on scrapping the pound with his five tests in.

The First Secretary of State said: “Does it remain an important objective for Britain to find itself in the same currency as that single market in which it interacts? Obviously yes.”

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Britain should join the Euro, says Bilderberger Mandleson, as he praises great success of single currency 290509banner [2]

He insisted that such a decision was for “the future” and had to be made on the “right terms in the right circumstances”.

However, he added: “It is perfectly clear that the euro has been a great success in anchoring its eurozone members during the financial crisis.

“I hope people will recognise that this represents a major vindication for the single currency.”

Full article here [1]


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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/article-1192527/Mandelson-praises-great-success-Euro-saying-aim-Britain-join.html

[2] Image: http://www.efoodsdirect.com/ammo-food.html?aid=14&adid=5

[3] Britain ‘will join euro before long’, says German finance minister: http://www.prisonplanet.com/britain-will-join-euro-before-long%e2%80%99-says-german-finance-minister.html

[4] Traders splash £5 billion betting against the euro as the single currency falters amid debt crisis: http://www.prisonplanet.com/traders-splash-5-billion-betting-against-the-euro-as-the-single-currency-falters-amid-debt-crisis.html

[5] UK’s huge new euro bailout: As rescue talks collapse in chaos, our taxpayers face ANOTHER massive bill to prop up single currency: http://www.prisonplanet.com/uks-huge-new-euro-bailout-as-rescue-talks-collapse-in-chaos-our-taxpayers-face-another-massive-bill-to-prop-up-single-currency.html

[6] Mandelson at centre of ‘ditch the pound’ row as European Commission president claims Britain is ready for the euro: http://www.prisonplanet.com/mandelson-at-centre-of-ditch-the-pound-row-as-european-commission-president-claims-britain-is-ready-for-the-euro.html

[7] Eurozone ‘has 80% chance of losing the single currency in next decade,’ claims think-tank: http://www.prisonplanet.com/eurozone-has-80-chance-of-losing-the-single-currency-in-next-decade-claims-think-tank.html

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