John Major’s proposals for new European currency

Title

John Major’s proposals for new European currency

Genre

News report; Speech

TX Date

23 Jul 1990

Year of production

1990

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Duration

00:02:34

Description

John Fraser reporting from Brussels on Chancellor John Major’s proposals for a new European currency, known as the hard ecu, to operate alongside national currencies. Following his meeting with other European finance ministers, Major confirming that the proposals are to be discussed by the Monetary Committee, and arguing they are a way of making progress towards European monetary union without any sudden shocks.

Contributors

John Major; John Fraser

Keywords

Currencies; Single currency (Europe); International monetary systems; John Major; European monetary union

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