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Do you think it is now the right time for UK to join the euro?
The Sterling is falling one cent to the Euro each day..if it carries on with the same rate, one Euro will be equal to 5 British pounds by December 2009..
2 Answers
- Anonymous1 decade agoFavorite Answer
Don't you think it would be criminally stupid to lock into such a poor exchange rate?
Why would you want to undervalue your assets? Only exporters would benefit. Everybody else would be completely ripped off.
- 1 decade ago
Definitely not, if you look at the Maastricht criteria, UK does not meet any of them.
Maastricht Criteria