Outline the arguments for not joining the Euro.
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| Submitted: Wed Feb 04 2004
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Outline the arguments for not joining the Euro. There are numerous arguments that the British government have recognised outlining their decision in not joining the Euro. If Britain joined the euro they would only be one voice out of twelve countries, meaning less influence on policies. Once Britain signs for the euro they would be joined into an irreversible agreement. Many European countries have a desired goal of joining to create a 'United States of Europe' which would involve the submission of Britain's sovereignty and subsequently their global independence as a currency. The British public have voiced their enthusiasm towards having a more localised political management system. The introduction into the Euro means that the political powers of electorates would not be as strong on a local scale if the interests of mainland Europe were to be influential as well. It would create almost a disenfranchisement of political power in Britain...


