United Kingdom and The Euro

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The United Kingdom''s currency is the pound sterling. The UK has no plans to replace Sterling with the euro in the foreseeable future. The UK negotiated an opt-out from the part of the Maastricht Treaty that required it to adopt the common currency. The current Prime Minister, Gordon Brown, ruled out membership in 2007, saying that the decision not to join had been right for Britain and for Europe. The British government under Brown has committed itself to a triple-approval procedure before joining the Eurozone, involving approval by the Cabinet, Parliament, and the electorate in a referendum.

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High Quality Content by WIKIPEDIA articles! The United Kingdom's currency is the pound sterling. The UK has no plans to replace Sterling with the euro in the foreseeable future. The UK negotiated an opt-out from the part of the Maastricht Treaty that required it to adopt the common currency. The current Prime Minister, Gordon Brown, ruled out membership in 2007, saying that the decision not to join had been right for Britain and for Europe. The British government under Brown has committed itself to a triple-approval procedure before joining the Eurozone, involving approval by the Cabinet, Parliament, and the electorate in a referendum.