Here are the ad's and disad's in short:
BBC News | Single currency | Pros and cons
With this in mind - should we join the euro? Personally, I am pro euro. It is only a matter of time before the pound gets phased out by other currencies, as more and more countries come together in unions. BUT, we need to make sure we join when the time is right. It was not economically viable for us in the early naughties because we were having massive growth and EU less so. But now the dust has settled, we should think about it for the near (or more distant) future.
Your thoughts & opinion?
BBC News | Single currency | Pros and cons
With this in mind - should we join the euro? Personally, I am pro euro. It is only a matter of time before the pound gets phased out by other currencies, as more and more countries come together in unions. BUT, we need to make sure we join when the time is right. It was not economically viable for us in the early naughties because we were having massive growth and EU less so. But now the dust has settled, we should think about it for the near (or more distant) future.
Your thoughts & opinion?