Let pounds and euros compete

ARTICLE - For well over a decade there has been a ceaseless political battle over whether Britain ought to join the euro. The introduction of euro notes and coins at the beginning of this year has raised the decibel level of the controversy but has not in the least helped to resolve it.

By Samuel Brittan

From London edition of the Financial Times, 17 January 2002

The euro has in fact existed for three years, during which currencies such as the franc, the D-Mark and the lira have simply been

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