Euro position remains cautious - UK chancellor

UK - The five economic tests which will be used to measure whether it is in Britain's interests to join the euro mustn't be fudged, Chancellor of the Exchequer Gordon Brown said Friday.

In the text of a speech for delivery in New York later Friday, Brown said the Labour government's approach to euro membership will remain "considered and cautious: one of pro-euro realism."

"Realist because to short-cut or fudge the assessment of the five tests we have set out, and to join in the wrong way or on

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