Letter: It was Eden who ruled out Europe

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Sir: In the rarefied and misinformed debate over the European single currency, and whether or not Britain should join, let us not end up with the euro by the back door.

If the euro is launched on time, with France and Germany in the first cohort of countries involved, it seems likely that the euro will become increasingly important as a global currency.

With a strong euro across the water, how many people in Britain would open accounts in euro at their local bank in order to save themselves money when going abroad on holiday or business, as well as to safeguard themselves against the likely devaluation of the pound? I would.


London E8