How would joining the euro affect the role of the Bank of England in deciding exchange rate policy and setting interest rates?
What would be the effects of this, including on UK financial services industry
euro affects the role of the Bank of England Watch
- Thread Starter
- 08-04-2011 13:11
- Political Ambassador
- 08-04-2011 13:44
It would;t b able to do any of that I don't think.
Was that not the best part of not being in the Euro during the downturn we could control our own fiscal policy.
- 08-04-2011 16:34
Bank of Eng would become unemployed
that is the straight fact
ECB in would be in control => epic fail
hopefully Portugal does fail and Spain follows
I don't hate those countries just the EU and its rubbish laws