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July 24, 2007 Tuesday Rajab 08, 1428





Brown against joining euro


LONDON, July 23: British Prime Minister Gordon Brown again ruled out joining the euro in the near future on Monday, while calling on the EU to look outwards, not inwards.

Speaking at his first monthly press conference as premier, he said he wanted a European economy which is “open, not closed and one that continues to reform in the interests of the whole of the people of Europe, rather than one that is stuck in an old groove.” ”We are not proposing to either have a major new assessment of the euro or to join the euro at this stage,” he told reporters.—AFP






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