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Harmonisation

Part of Oral Answers to Questions — European Community – in the House of Commons at 12:00 am on 28th April 1976.

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Photo of Sir Brandon Rhys Williams Sir Brandon Rhys Williams , Kensington and Chelsea Kensington 12:00 am, 28th April 1976

While it must now be obvious that to proceed to economic and monetary union as originally suggested in the Werner Report would be futile, have not the last few weeks shown that it is highly desirable to co-ordinate our exchange rate policy and interest-rate policy with other members of the EEC?