Comment on UK’s euro position

The UK is holding back from joining the single European currency for `psycho-political’ reasons, according to European Central Bank president Wim Duisenberg. He said that UK and European inflation rates, interest rates and policies were starting to come together, creating a `window of opportunity’ for the UK to join.

The UK is holding back from joining the single European currency for `psycho-political’ reasons, according to European Central Bank president Wim Duisenberg. He said that UK and European inflation rates, interest rates and policies were starting to come together, creating a `window of opportunity’ for the UK to join.