Britain will 'obviously' join euro says Mandelson

Daily Telegraph ^ | 06/11/2009 | Bruno Waterfield

[C19fan]

The newly promoted First Secretary of State, speaking in Berlin, hailed the euro as a saviour that had brought stability to the European Union during financial turmoil.

"It is perfectly clear that the euro has been a great success in anchoring its eurozone members during this financial crisis," he said.

[C19fan]

Lord Mandelson is the real power behind the "throne". He saved Gordo's arse. Nu Labour's march to destroy British sovereignity continues.

[KarlInOhio]

Saved? How much of Spain’s (and other countries) problems are because they were tied to the Euro instead of being able to allow their currency to float?

[agere_contra]

The Euro was an unmitigated disaster for most EU countries during the recent crash.

[Cronos]

Yes, first they debased the House of Lords, then slowly chipped away at other things.

[Jonny foreigner]

The Euro was an unmitigated disaster for most EU countries during the recent crash.

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sorry but where is the proof that the euro was a desaster for some countries which are using it (or that they would have preformed better without the euro)?
a single currency can be a big gain in the long therm. especially for britain because most of their trade is tied to EU countries which are using the euro. if they adopt the euro they are no longer affected (neither positiv nor negative) by flucturations of the currencies.