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Euro

Volume 410: debated on Friday 19 September 2003

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To ask the Chancellor of the Exchequer (1) what assessment he has made of the rate of economic growth in the eurozone since 1999; and if he will make a statement; [131378](2) what assessment he has made of the unemployment rate in the eurozone; and if he will make a statement. [131379]

:The Treasury's latest assessment of developments in and prospects for the euro area economy is set out in the April 2003 Financial Statement and Budget Report (HC 500).

To ask the Chancellor of the Exchequer what assessment he has made of the effect upon the UK economy of the interest rate most recently set by the European Central Bank; and if he will make a statement. [131380]

A full assessment of the importance of euro area developments for the UK economy was given in "UK membership of the single currency: an assessment of the five economic tests", published on 9 June (CM 5776).