HC Deb 07 March 2001 vol 364 c260W
9. Mr. Nicholas Winterton

To ask the Secretary of State for Wales what assessment he has made of the impact of future UK membership of the single European currency on manufacturing industry in Wales. [151056]

Mr. Paul Murphy

The Government have said that they will make an assessment of the five economic tests early in the next Parliament. If the five tests have been met and there is clear and unambiguous evidence of the benefits of joining a single currency, the Government will then make a decision to recommend membership to Parliament, and then because of the magnitude of the decision, put it to a referendum of the British people.

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