§ Mr. RosindellTo ask the Chancellor of the Exchequer (1) whether the five economic tests for determining whether there is a clear and unambiguous126W case for UK membership of the euro will be applied separately to the economies of (a) overseas territories and (b) Guernsey; [99751]
(2) if the five economic tests for determining whether there is a clear and unambiguous case for UK membership of the EMU will be applied separately to the economy of the Bailiwick of Jersey. [100062]
§ Mr. PriskTo ask the Chancellor of the Exchequer, pursuant to his answer to the hon. Member for Romford (Mr. Rosindell) of 25 February 2003,Official Report, column 383W, on Gibraltar, whether the Treasury's five economic tests take account of the effects of membership of the Eurozone on the UK's crown dependencies. [101928]
§ Ruth KellyUnder Article 299(6)(c) of the EC Treaty, read together with the treaty of Accession, the Channel Islands and Isle of Man are outside the scope of the EC Treaty for the purposes of EMU.
§ Mr. PriskTo ask the Chancellor of the Exchequer what assessment he has made of the compatibility of the White Paper, "Meeting the Challenge: Economic Reform in Europe" with the second economic test for entry to the euro. [101865]
§ Ruth KellyA comprehensive and rigorous assessment of the five economic tests will be completed within two years of the start of this Parliament.
As we said in "Meeting the Challenge: Economic Reform in Europe", published in February 2003, "The Government will continue to argue that employability, flexibility and stronger competition policies must be a top priority, so that EMU can be sustained success".