HC Deb 15 February 1972 vol 831 c57W
29. Mr. Scott-Hopkins

asked the Chancellor of the Exchequer what steps he is taking in co-operation with the European Economic Community and other European nations to establish a common unit of currency for reserve working capital, and to fix narrower margins of fluctuation between the same European currencies.

Mr. Higgins

Proposals for progress towards economic and monetary integration are being re-examined in the changed circumstances following the Washington settlement. We are naturally being consulted by the E.E.C.