United we stand
The issue of joining the single currency continues to be a political hot potato. John Philpott outlines the pros and cons of a united Europe
It has been a difficult year for Europe. Publication of the draft European Union Constitution and the Treaty of Accession, enabling 10 new members to join in 2004, was overshadowed by continued economic weakness in the core European economies and a major political rift over war with Iraq. Worst of all, within weeks of Chancellor of the Exchequer Gordon Brown's "not yet" verdict on UK membership of the single European currency, voters in Sweden gave a resounding thumbs down to the euro.
The single
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