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Brian - the Euro is very much an issue of sovereignity, it is an essentail stage on the way to a Federal Europe. It never was an economic project it was always a political one.
The Euro is dangerous to us, what happened in 1990 demonstrates that. The currency is in danger of collapsing right now under the strains of the recession and is more likely than us joining it.
Our economy is structured very differently to the rest of Europe and, as Ross said, on a different cycle. It will not work for us and may not even work for the EU longer term.
We are better off out of the Soviet Socialist European Union anyway.
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