Exchange rate mechanism debate

Title

Exchange rate mechanism debate

Genre

News report; Parliamentary debate

TX Date

15 Oct 1990

Year of production

1990

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Duration

00:03:15

Description

Peter Murphy reports on the first day of the new session in Parliament with speeches from Chancellor John Major on the buoyant economy; Shadow Chancellor John Smith questioning him over why the government had abandoned its earlier conditions for joining the EEC exchange rate mechanism (ERM) and comments on joining the ERM from Tony Nelson and Ivan Lawrence. The Prime Minister chose not to speak on the issue.

Contributors

John Major; John Smith; Ivan Lawrence; Anthony Nelson

Keywords

Politics; EEC; Monetary policy; Exchange rates; Economic systems; Interest rates; Sovereignty; Economic growth

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