Word: euros
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TIME: Given the stable, sizable majority of Britons against joining the euro, why are you so confident you can win a referendum on the euro in this Parliament? BLAIR: If the economic tests are met, then I think it's the right thing for the country to do economically. Some say to me, "Why are you raising the euro issue, why bother? You have public services to sort out, you have a very weak Conservative opposition, why are you even bothering to raise this when obviously it's a difficult question?" The answer is, because there are certain issues upon...
TIME: You argue that Britain has repeatedly lost influence in Europe by joining its institutions late. Since the euro and the European Central Bank are already launched, haven't you missed this boat? BLAIR: Four years ago, our economic indicators were in a completely different position from the rest of Europe's, so it's important that the economics are right. I think the rest of Europe would regard us as taking a backward step if the economics are fine but we decided for political reasons that we just weren't going to be part of Europe...
TIME: Has Britain's role since Sept. 11 been diminished because you're not in the euro? BLAIR: No, I don't think that's true at all. Since Sept. 11, I think we've obviously played a very strong role in Europe as well. On the other hand, that is in part because people in Europe regard us as being good partners, since they regard the reasons we're not in the euro as economically based...
...Prime Number 400 euro notes consumed could cause serious illness, according to the European Central Bank, which says the bills' inks and dyes are mildly toxic...
...long run, the greater transparency of euro pricing should also work to the advantage of consumers. "I'll tell you what will make me feel more European," says a security guard watching at Dublin's General Post Office, where child benefits are being handed out in stacks of ?5 notes. "When we start paying the same as people on the Continent." Well-traveled Europeans instinctively know that prices are cheaper in some countries than in others, and now it will be that much more obvious. "Manufacturers and multinational corporations will have to explain the difference," says Carmel Foley, Ireland...