Treasury Committee assess euro entry prospects

A series of hearings continued Tuesday with a distinguished panel of experts giving evidence to the UK's Treasury Select Committee on the prospects for UK euro entry. The group called for reform of the ECB with a redefined inflation target and gave a blunt rebuff to the UK governments five euro economic tests, saying one of the tests should be scrapped. CentralBankNet reports from the London hearing.

The panel, all well known figures from the academic world and business, was made up of Martin