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· We should be proud of the pound · Prices will rocket · It will cost £18 million to set it up · It would make it hard to get out of the current economic crisis · We would lose our individuality
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Why did they change the pound to the Euro in England?
They did not. Great Britain ( now 2014) is still using the Pound. Only the Republic of Ireland switched to the Euro.
What is Optimum Currency Area theory?
It is a theory in economics that says which regions or countries in the world should share the same currency. This theory helps when a country is thinking of joining a currency zone (joining the euro zone in Europe, for instance).
Disadvantages of a merger?
the smaller companies are put out of business the smaller companies are put out of business
How many 50 Euro cents in one Euro?
One euro is 100 cents, so there are two fifty euro cents in one euro.
Why does Britain use Pounds instead of Euros?
The use of the Euro as a national currency is optional, not mandatory for an EU member country. Only 16 of the 27 EU member countries use the Euro and a further 4 non-member countries use the Euro. Britain has stuck with its traditional currency of the Pound Stirling possibly as a matter of political expediency, or maybe as a long term economic plan, or both. Although there seems to be a plan (of sorts) to change over to the Euro eventually, successive British governments have stated that "The time is not right" for either Britain or the EU for Britain to make the change now. The British Pound is still a major component of the world's money markets and any sudden, ill-prepared shifts in the balance of world economies may have drastic and far reaching ill-effects. The subject of a British change of currency may even go to a public referendum providing that several prerequisite economic criteria are met.
Why not Britain use the Euro?
Labour promised a referendum on Britain joining the euro when it came to power in 1997. But in June 2003 the then Chancellor Gordon Brown ruled that the conditions for Britain's entry had not been met and rejected the euro
Are there any EU countries which did not adopted the Euro but now regret that decision?
Great Britain. Not true, the United Kingdom does not regret joining the Euro.
Why does Britain not use the euros?
Labour promised a referendum on Britain joining the euro when it came to power in 1997. But in June 2003 the then Chancellor Gordon Brown ruled that the conditions for Britain's entry had not been met and rejected the euro
What are disadvantages of fraternity?
There are a couples of disadvantages about joining a fraternity. Two disadvantages of joining are the membership requirements and the membership costs.
Does Britain us the Euro as currency?
No. The UK refuses to adopt the Euro and refuses to accept the Euro.
Who has the tv rights to show euro 2008 in Britain?
bbc, itv and british eurosport have the rights to euro 2008 in Britain
How did Spain benefit from joining the EU?
Spain benefited from joining the EU by obtaining a better economy. The euro and the economic reforms that came with joining did a lot for their economy.
What currency is used in Britain?
euro
When will Britain adopt euro?
Britain will proably adopt the Euro at some time, however they have opted not to use it for now. When or if t that will change is unknown.
What form of money does Spain use?
England and the UK uses the Pound (£) Sterling. France uses the Euro. Spain uses the Euro.
Why is Sweden not using the euro?
Because there was a referendum about Sweden joining the EMU and the Swedish population voted no.
How do you get to level 80 fast from level 15 in silkroad?
By botting or joining a 8man euro pt
