Archive Article: 1998/11/06

6 November 1998

Like it or not, the

arrival of the euro is

less than two months

away. The UK

government has made

it clear it wants to join

soon, but not just yet.

The reality, however, is

that the new currency

will become part of our

lives almost from day

one. Euro notes and

coins will not be in

circulation for a few

years, but farmers

should have ready

access to euro funds in

the near future, either

through their IACS

cheques or from their

buyers where these are


internationally. This

Single Currency Special

looks at some of the

pros and cons of

economic and monetary

union, kicking off with

a review by

Robert Gooch of

Brussels-based policy

agency, Eurinco. We

also cover the practical

considerations for

farmers thinking of

trading in euros, the

implications for farm

accounts and the

intricacies of the new


arrangements. Edited

by Philip Clarke

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