§ Mr. GibbTo ask the Chancellor of the Exchequer if he will list the criteria to be used in determining whether the single currency is successful in accordance with paragraph 2.39 of the Red Book. [80858]
§ Ms HewittA successful single currency will act as a complement to the Single Market. It will reduce transaction costs and exchange rate uncertainty on trade within the euro zone. It will make prices more transparent, boosting competition and providing new opportunities for companies to trade and invest. A successful single currency will also deliver its Treaty aims of price stability as a foundation for sustainable, non-inflationary growth.