HC Deb 06 July 1989 vol 156 c221W
20. Mr. Harry Greenway

To ask the Chancellor of the Exchequer what steps he proposes to take to monitor the future development of the European monetary system; and if he will make a statement.

Mr. Lawson

The European monetary system is kept regularly under review.

27. Mr. Fearn

To ask the Chancellor of the Exchequer whether he now expects to seek full United Kingdom membership of the European monetary system.

Mr. Lilley

I refer the hon. Member to the reply I gave to my hon. Friend the Member for Southend, East (Mr. Taylor) on 5 July at column161.

36. Mr. Beith

To ask the Chancellor of the Exchequer whether, following the Madrid summit and the decision of Spain to join the exchange rate mechanism, he will make a statement as to any new factors which are relevant to his decision as to whether the time is right for Britain to join the European monetary system.

Mr. Lilley

I refer the hon. Member to the reply my right hon. Friend the Chancellor of the Exchequer, gave the hon. Member for Gordon (Mr. Bruce) earlier today.

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