David
Sumberg MEP
Date: 28/01/2009
Revived interest in UK joining the Euro ‘dangerous’
North West Conservative Euro MP David Sumberg says he is extremely uneasy about refreshed enthusiasm for the UK joining the Euro.
Mr Sumberg made his remarks on the tenth anniversary of the launch of the currency. The Lib Dem leader Nick Clegg marked the anniversary by saying that “silence about the euro must end” and that the economic downturn could make people think again about their opposition to joining the euro, he further said joining the euro would "anchor" the UK economy.
"It is very dangerous in the turbulent economic times to lurch towards the Euro,” he said. “At a time when we most need to be in control of our own finances we do not want to be handing that control over to Europe. Britain has been and can remain a leading member of the EU without signing up to the single currency.
"The Pound's recent fall in value in no way strengthens the case for Britain to give up our currency. We do need a change in the management of our economy, but only a Conservative government can deliver it. Just because our own Government is making a mess of the economy, that does not justify handing over control to the EU."