Economic and Monetary Union (Hansard, 16 January 1997)

HC Deb 16 January 1997 vol 288 c382W 382W

§ Mr. Eric Clarke
To ask the Chancellor of the Exchequer if he will make a statement on the timetable for EMU. [9525]

§ Mr. Kenneth Clarke
The EC Treaty sets out the timetable for EMU. As I have said before—to the House of Lords Select Committee on 28 March 1996—it is too soon to say whether EMU will start on 1 January 1999, but member states will continue to prepare on that basis.