Gordon Brown: The five tests for euro are not cosmetic
Taken from the Chancellor's annual Mansion House speech
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It is because of its constitutional significance as a decision that we said in 1997 that the economic benefits should be clear and unambiguous. Being serious about the economics of the euro means being serious about the five economic tests.
As Tony Blair said only last week, they are not window dressing for political appearances. The tests go to the heart of what is required for the long-term future of our economy: they are the means of judging the decision on EMU membership against the Government's central objectives – full employment and high and sustainable rates of investment and growth. The tests are, in my view, important to everyone who cares about the economic future of Britain.
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