§ Mr. GrieveTo ask the Chancellor of the Exchequer if he will make a statement on the impact on the Scottish economy of the trading performance of the euro. [145661]
§ Miss Melanie JohnsonThe latest data show that by the end of September 2000 the value of goods exported to the EU from Scotland had grown by 15 per cent. since the euro was launched.
§ Sir Teddy TaylorTo ask the Chancellor of the Exchequer if he will make a statement on the currencies which will be paid to the Bank of England for euro notes; and which currencies will be involved in the payment of interest. [145629]
§ Miss Melanie Johnson[holding answer 15 January 2001]: Investors in euro notes will pay the Bank of England in euro. The Bank of England will pay interest on the notes in euro. These arrangements are identical to those in place for euro notes issued by the Government.