23 February 1998
Farmers Weekly EMU conference
A weak or unsuccessful launch of the single currency would be a nightmare scenario for British agriculture, National Farmers Union president Ben Gill told todays conference.
UK agriculture has nothing to gain, but everything to lose, by not joining the first wave of Economic Monetary Union (EMU) participants in 1999, according to Robert Gooch, of European consultancy group Eurinco.
The Government will be seeking the best deal for UK farmers in the run-up to Economic and Monetary Union, junior farm minister Lord Donoughue pledged this morning.