ECB shows one interest rate may be better for all

ARTICLE - The case for the Euro: Exchange rate needs to drop further before UK can safely join the euro, by Professor Robin Marris. Published in the Independent newspaper, UK, 31 July.

The writer is Professor Emeritus, Department of Economics, Birkbeck College, London. Robin Marris's pamphlet, 'We can go in now', goes into circulation this week.

Two arguments have dominated the economic case against Britain joining the euro. One is that a common interest rate ("one size fits all") for such a large

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