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OCR2888 - UK an unworthy Euro entrant

Geoff Riley

8th January 2009

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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.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty 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 and Revision conferences in the UK and overseas.

@tutor2uGeoff

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