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| Title |
Declaration by Tony Benn on EMU (21 April 1998)
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| Document type |
Text
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| Source |
European Community (Convergence Criteria) 21 April 1998. Commons Hansard, Parliamentary Debates. [ON-LINE]. [London]: Her Majesty's Stationary Office, [24.08.2005]. Disponible sur http://www.publications.parliament.uk/pa/cm199798/cmhansrd/vo980421/debtext/80421-38.htm.
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| Keywords |
convergence criteria, Economic and Monetary Union
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| Copyright |
Crown copyright is reproduced with the permission of the Controller of Her Majesty's Stationery Office and the Queen's Printer for Scotland
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| Caption |
On 21 April 1998, in the House of Commons, Tony Benn, British Labour MP, criticises the report by the British Government on the United Kingdom's position towards on Economic and Monetary Union (EMU) and outlines the dangers of the single European currency.
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| Location in the digital library |
HISTORICAL EVENTS >> 1998–2009 The unification of Europe >> The third stage of Economic and Monetary Union
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| Document extract |
Declaration by Tony Benn on EMU (21 April 1998)
European Community (Convergence Criteria)
Mr. Tony Benn (Chesterfield): I have not participated in the debate on Europe since the election, because my view on the matter is known: I voted against the Maastricht treaty, and I am opposed to the single currency. The reason I speak in this debate is that it is held against the background of a clear Government statement of intent to join the single currency, when the conditions are appropriate. The convergence report is a progress report--the Government ask us, not only to note, but to approve the progress they are making toward entry into the single currency when the referendum has occurred. We are told that that will be after the next election, but, if Rupert Murdoch alters his view, it might come earlier. Two passages in the report are of importance, not just in a debate of this kind in the House, but to many people outside. On page 6, the report refers to "Denmark, Spain, Ireland, the Netherlands, Portugal, Finland and the United Kingdom." It says: "These Member States need to exercise firm control over domestic price pressures with regard to, inter alia, wage and unit labour costs. Support i (...) Read more in ENA |
| See also |
Article from the Treaty on European Union relating to the convergence criteria (7 February 1992)
The third stage of Economic and Monetary Union
The Intergovernmental Conference (IGC) on Economic and Monetary Union
Press conference held by Gordon Brown (Brussels, 2 May 1998)
The first stage of Economic and Monetary Union
The signing of the Treaty on European Union
Cartoon by Murschetz on Germany and the euro (1998)
The Stability and Growth Pact
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