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European Single Currency

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 13th March 1997.

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Photo of Mr Philip Oppenheim Mr Philip Oppenheim , Amber Valley 12:00 am, 13th March 1997

The Maastricht convergence criteria of low inflation and sound public finances make sound economic sense in their own right, with or without economic and monetary union. They will continue to form the basis of the Government's policies.