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Britain and the E.M.U www.academicenglishuk.com

Listen to the audio and takes notes using the subtitles as main ideas E.M.U What does EMU mean? 13 Slovenia Britain Denmark Previous lectures What were they about? E.C.C France U.S.A Iraq Three things in todays lecture 1) 2) 3)

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Britain and the E.M.U

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E.M.U What does EMU mean? European Monetary Union 13 countries in the Eurozone Slovenia in 2007 Britain - has not joined the Eurozone (E.z.) Denmark opted out of the E.z. Previous lectures What were they about? Early History / reasons why Britain was reluctant to join E.C.C European Economic Community France Britain should not join main reason was USA / former colonies in the commonwealth U.S.A special arrangement with USA Iraq wars in Iraq Britain thinks it has a special relationship with US (Us may not think the same!) Three things in todays lecture 1) the process of how the Euro was introduced 2) Economic and political tests a new country goes through to join the Euro 3) Why Britain has not adopted the Euro and whether I think it might join in the future and under what circumstances

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