Blog
OCR2888 - UK an unworthy Euro entrant
Geoff Riley
8th January 2009
Britain is unable to join the Euro because the economy does not meet some of the convergence criteria - according to Lorenzo Bini Smaghi, the ECB’s board member in charge of international affairs. In particular the sharp rise in government borrowing. More here from this Telegraph article.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.