HL Deb 08 July 1999 vol 603 c116WA
Lord Barnett

asked Her Majesty's Government:

Which, if any, of the five economic tests for joining the European single currency, as set out by the Chancellor of the Exchequer on 27 October 1997, have now been met. [HL3286]

Lord McIntosh of Haringey

On the basis of the five economic tests, set out by the Chancellor of the Exchequer in October 1997, the Government have said that making a decision during this Parliament to join the single currency is not realistic.