CONSERVATIVE
New Forest East

EUROPE – ECONOMIC & MONETARY UNION – 1 December 1999

Dr Julian Lewis: I thank my hon. Friend [Sir Teddy Taylor] for giving way to me as someone who has respected the fact that, on this issue, he has been singing the same song for much more than 20 years. Is he aware that the chief economist of the European central bank, a gentleman by the name of Dr. Otmar Issing, has said in support of his thesis that there is

"no example in history of a lasting monetary union that was not linked to political union"?